Matson Earnings: What To Look For From MATX

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Matson (NYSE:MATX) is scheduled to announce its earnings results this Tuesday after market close. The market anticipates a 4.8% year-on-year revenue decline, despite the company beating revenue and EBITDA expectations last quarter. Investor sentiment within the marine transportation sector has been positive, with Matson’s stock up 5.6% in the last month, nearing its average analyst price target of $190.

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