MATSON ANNOUNCES PRELIMINARY 3Q23 RESULTS, PROVIDES BUSINESS UPDATE AND ANNOUNCES 3Q23 EARNINGS CALL DATE
Expects 3Q23 net income and diluted EPS to be $114.0 to $120.5 million and $3.23 to $3.41, respectively
- Expects 3Q23 net income and diluted EPS to be $114.0 to $120.5 million and $3.23 to $3.41, respectively
Announces third quarter earnings call date on October 30, 2023
HONOLULU, Oct. 23, 2023 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX) today announces preliminary third quarter financial results, provides a business update and announces that its third quarter earnings call will be held on October 30, 2023. - The year-over-year volume declines in Guam and Alaska were primarily driven by lower general demand and lower seafood volume, respectively.
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During the third quarter of 2023, Matson repurchased approximately 0.3 million shares for a total cost of $25.8 million. - A replay of the conference call will be available approximately two hours after the event by accessing the webcast link at www.matson.com, under Investors.