Matson IncMATX
± MixedCapitalrelevance
Earnings report upcoming; analysts expect revenue growth but past misses and stock unchanged.
Impact on assets 1
Industrials
Matson IncMatson to Report Earnings Monday After Market Close
2▲0 ▼0Impact / 5
Maritime transportation company Matson will announce earnings results this Monday after market close. Analysts expect revenue to grow 7.6% year on year, a reversal from the 2% decline in the same quarter last year. Last quarter, Matson reported revenues of $757.8 million, down 3.1% year on year, missing revenue estimates but beating EPS expectations. The company has missed Wall Street revenue estimates multiple times over the last two years. Matson's stock price was unchanged over the last month, heading into earnings with an average analyst price target of $241.67 compared to the current share price of $202.59.
Matson IncEarnings report upcoming; analysts expect revenue growth but past misses and stock unchanged.