Matson (MATX) Tops Q4 EPS by 14c

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MATSON, INC. ANNOUNCES FOURTH QUARTER AND FULL YEAR 2022 RESULTS

February 21, 2023 4:05 PM UTC

4Q22 EPS of $2.10Full Year 2022 EPS of $27.07Full Year 2022 Net Income and EBITDA of $1,063.9 million and $1,526.2 million, respectivelyYear-over-year decrease in 4Q22 consolidated operating income driven primarily by lower contribution from China serviceRepurchased approximately 1.5 million shares and 5.0 million shares in 4Q22 and full year 2022, respectively

HONOLULU , Feb. 21, 2023 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX), a leading U.S. carrier in the Pacific, today reported net income of $78.0 million, or $2.10 per diluted share, for the quarter ended... More