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MATX / MATSON ANNOUNCES PRELIMINARY 1Q22 RESULTS, PROVIDES BUSINESS UPDATE AND ANNOUNCES 1Q22 EARNINGS CALL DATE

MATSON ANNOUNCES PRELIMINARY 1Q22 RESULTS, PROVIDES BUSINESS UPDATE AND ANNOUNCES 1Q22 EARNINGS CALL DATE
Expects 1Q22 operating income for Ocean Transportation to be $410.0 to $415.0 million Expects 1Q22 operating income for Logistics to be $16.0 to $17.0 million Expects 1Q22 net income and diluted EPS to be $329.5 to $338.0 million and $8.00 to $8.20, respectively Year-over-year increase in consolidated operating income driven primarily by China service strength Repurchased approximately 0.7 million shares in 1Q22 Announces first quarter earnings call date on May 3, 2022 HONOLULU, April 19, 2022 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX) today announces preliminary first quarter financial results, provides a business update and announces that its first quarter earnings call will be held on May 3, 2022. "Matson is off to a solid start in 2022 with higher year-over-year operating income in both Ocean Transportation and Logistics," said Chairman and Chief Executive Officer Matt Cox. Read More
Posted: Apr 19 2022, 17:24
Author Name: PRNewsWire
Views: 111640

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