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MATX earnings expected at $3.05; up 35% year-over-year. Revenues estimated at $861.7 million; 11.4% increase from last year. Ocean Transportation revenues projected at $706.8 million; 22.1% growth quarter-over-quarter. Higher freight rates and consumption boost MATX's performance potential. Rising vessel costs may negatively impact MATX's profit margins.
- MATX earnings expected at $3.05; up 35% year-over-year.
- Revenues estimated at $861.7 million; 11.4% increase from last year.
- Ocean Transportation revenues projected at $706.8 million; 22.1% growth quarter-over-quarter.
- Higher freight rates and consumption boost MATX's performance potential.
- Rising vessel costs may negatively impact MATX's profit margins.
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