Matson Inc expected to post earnings of $9.38 a share - Earnings Preview

Matson

30/07/2022 02:09

* Matson Inc  MATX.N   MATX.K  is expected to show a rise in
quarterly revenue when it reports  results on August 1. 
    * The Honolulu Hawaii-based  company is expected to report 
a
45.0% increase in revenue to $1.268 billion from $874.9 million
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 $9.38 per share. For the same quarter last year, the
company reported earnings of $3.71 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "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
$118​, above​ its last closing price of $91.67. ​​​

This summary was machine generated July 30 at 01:09 GMT.  All
figures in US dollars  unless otherwise stated