Matson (MATX) Tops Q2 EPS by 122c

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Go back to Matson (MATX) Tops Q2 EPS by 122c

MATSON, INC. ANNOUNCES SECOND QUARTER 2022 RESULTS

August 1, 2022 4:06 PM EDT

2Q22 EPS of $9.492Q22 Net Income and EBITDA of $380.7 million and $536.0 million, respectivelyYear-over-year increase in 2Q22 consolidated operating income driven by China service strengthRepurchased approximately 1.6 million shares in 2Q22

HONOLULU, Aug. 1, 2022 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX), a leading U.S. carrier in the Pacific, today reported net income of $380.7 million, or $9.49 per diluted share, for the quarter ended June 30, 2022.  Net income for the quarter ended June 30, 2021 was $162.5 million, or $3.71 per diluted share.  Consolidated revenue for the second quarter 2022 was $1,261.1 million compared with $874.9 million for the... More