Matson (MATX) Reports Prelim Q2 Results, Provides Business Update

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Go back to Matson (MATX) Reports Prelim Q2 Results, Provides Business Update

MATSON ANNOUNCES PRELIMINARY 2Q22 RESULTS, PROVIDES BUSINESS UPDATE AND ANNOUNCES 2Q22 EARNINGS CALL DATE

July 19, 2022 4:10 PM EDT

Expects 2Q22 operating income for Ocean Transportation to be $465.0 to $470.0 millionExpects 2Q22 operating income for Logistics to be $22.5 to $23.5 millionExpects 2Q22 net income and diluted EPS to be $373.3 to $377.9 million and $9.31 to $9.42, respectivelyYear-over-year increase in consolidated operating income driven by China service strengthRepurchased approximately 1.6 million shares in 2Q22Announces second quarter earnings call date on August 1, 2022

HONOLULU, July 19, 2022 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX) today announces preliminary second quarter financial results, provides a business update and announces that its second quarter... More