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Earnings Outlook For Matson

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Matson (NYSE:MATX) unveils its next round of earnings this Tuesday, February 23. Here is Benzinga's everything-that-matters guide for the earnings announcement.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Matson EPS is expected to be around $1.8, according to sell-side analysts. Sales will likely be near $666.83 million. Matson earnings in the same period a year ago was $0.36 per share. Quarterly sales came in at $540.70 million.

Why Analyst Estimates And Earnings Surprises Are Important

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

View more earnings on MATX

The analyst consensus estimate would represent a 400.0% increase in the company's earnings. Sales would be have grown 23.33% from the same quarter last year. Here is how the Matson's reported EPS has stacked up against analyst estimates in the past:

EPS Estimate

1.39

0.52

0.09

0.37

EPS Actual

1.63

0.76

0.09

0.36

Revenue Estimate

644.39 M

548.52 M

513.81 M

540.72 M

Revenue Actual

645.20 M

524.10 M

513.90 M

540.70 M

Stock Performance

For a full 12 months, the return has risen by 104.3%. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Do not be surprised to see the stock move on comments made during its conference call. Matson is scheduled to hold the call at 16:30:00 ET and can be accessed here.

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