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

Matson

02/11/2022 22:06

* Matson Inc  MATX.N  reported quarterly adjusted earnings
of
$6.89​​ per share for the quarter ended in September. The mean
expectation of three analysts for the quarter was for earnings
of $7.07 per share.
    * Revenue rose 4% to $1.11 billion from a year ago; analysts
expected $1.10 billion. 
    * Matson Inc's reported EPS for the quarter was $6.89​.
    * The mean earnings estimate of analysts had fallen by
about 7.9%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Matson Inc shares had risen by 21.7% this quarter and
lost 16.8%
so far this year.
    * The company reported quarterly net income of $266 million.
    * Wall Street's median 12-month price target for Matson Inc
is
$81.00 
    * 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." 

This summary was machine generated from Refinitiv data November
2 at 10:06 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      7.07           6.89           Missed
 Jun. 30 2022      9.38           9.49           Beat
 Mar. 31 2022      7.03           8.23           Beat
                                  9.39