Matson: Q4 Earnings Insights - Matson (NYSE:MATX)

Matson 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.

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.

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.