Matson MATX releases its next round of earnings Tuesday. Here's Benzinga's essential guide to Matson's Q4 earnings report.
Earnings and Revenue
Sell-side analysts expect Matson's EPS to be near 30 cents per share on sales of $503 million.
In the same quarter last year, Matson posted a profit of 44 cents per share on sales of $519 million. The Wall Street estimate would represent a 31.82 percent decline in the company's earnings. Revenue would be down 3.11 percent on a year-over-year basis.
The company's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q3 2017 | Q2 2017 | Q1 2017 | Q4 2016 |
| EPS Estimate | 0.62 | 0.44 | 0.15 | 0.47 |
| EPS Actual | 0.79 | 0.55 | 0.16 | 0.44 |
Stock Performance
Over the last 52-week period, shares are down -2.24 percent. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. Analysts seem to have settled on a Neutral rating with Matson. The strength of this rating has maintained conviction over the past three months.
Conference Call
Matson's Q4 is scheduled to hold a conference call at 4:30 p.m. ET and it can be accessed here: https://investor.matson.com/news-releases
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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