Matson (MATX) Reports Q1 EPS of $8.23

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Go back to Matson (MATX) Reports Q1 EPS of $8.23

MATSON, INC. ANNOUNCES FIRST QUARTER 2022 RESULTS

May 3, 2022 4:05 PM EDT

1Q22 EPS of $8.231Q22 Net Income and EBITDA of $339.2 million and $476.4 million, respectivelyYear-over-year increase in 1Q22 consolidated operating income driven primarily by China service strengthRepurchased approximately 0.7 million shares in 1Q22

HONOLULU, May 3, 2022 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX), a leading U.S. carrier in the Pacific, today reported net income of $339.2 million, or $8.23 per diluted share, for the quarter ended March 31, 2022.  Net income for the quarter ended March 31, 2021 was $87.2 million, or $1.99 per diluted share.  Consolidated revenue for the first quarter 2022 was $1,165.5 million compared... More