Matson Inc reports results for the quarter ended in March - Earnings Summary

Matson

04/05/2022 02:29

* Matson Inc  MATX.N  reported quarterly adjusted earnings
of
$8.23​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for earnings of
$7.03 per share.
    * Revenue rose 63.7% to $1.17 billion from a year ago; 
analysts
expected $1.11 billion. 
    * Matson Inc's reported EPS for the quarter was $8.23​.
    * The mean earnings estimate of analysts had risen by
about 95.1%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Matson Inc shares had fallen by 26.7% this quarter and
lost 1.8%
so far this year.
    * The company reported quarterly net income of $339.2
million.
    * Wall Street's median 12-month price target for Matson Inc
is
$118.00 
    * 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." 

This summary was machine generated May 4 at 01:29 a.m.  ​All
figures in US dollars unless otherwise stated