Matson (NYSE:MATX) reported its Q4 earnings results on Tuesday, February 20, 2024 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Matson beat estimated earnings by 17.88%, reporting an EPS of $1.78 versus an estimate of $1.51.
Revenue was down $12.70 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.32 which was followed by a 3.74% drop in the share price the next day.
Here's a look at Matson's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 3.08 | 2.26 | 0.76 | 1.96 |
| EPS Actual | 3.40 | 2.26 | 0.94 | 2.10 |
| Revenue Estimate | 794.45M | 774.89M | 704.34M | 801.22M |
| Revenue Actual | 827.50M | 773.40M | 704.80M | 801.60M |
To track all earnings releases for Matson visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.