Matson Inc expected to post earnings of $7.07 a share - Earnings Preview

Matson

31/10/2022 21:07

* Matson Inc  MATX.N   MATX.K  is expected to show a rise in
quarterly revenue when it reports  results on November 2. 
    * The Honolulu Hawaii-based  company is expected to report 
a
2.9% increase in revenue to $1.103 billion from $1.07 billion a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Matson Inc is for
earnings of $7.07 per share. 
    * The current average analyst rating on the shares is "sell"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Matson Inc
is
$81​, above​ its last closing price of $73.58. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  9.38        9.38       9.49      Beat    1.2
 Mar. 31 2022  7.37        7.03       8.23      Beat    17.2
                                      9.39              ​
 Sep. 30 2021  5.92        5.23       6.53      Beat    25
 ​​Jun.        3.67        2.96       3.71      Beat    25.3
 30 2021                                                
 Mar. 31 2021  1.87        1.63       1.99      Beat    22.1​
 Dec. 31 2020  1.80        1.80       1.96      Beat    8.7
 Sep. 30 2020  1.58        1.39       1.63      Beat    17.5
 This summary was machine generated October 31 at 21:07 GMT.  All
figures in US dollars  unless otherwise stated