CORRECTION: Matson Q1 EPS $1.85 Beats $1.66 Estimate, Sales $757.800M Miss $776.800M Estimate

Matson, Inc.

Matson, Inc.

MATX

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Matson (NYSE: MATX) reported quarterly earnings of $1.85 per share which beat the analyst consensus estimate of $1.66 by 11.45 percent. This is a 15.14 percent decrease over earnings of $2.18 per share from the same period last year. The company reported quarterly sales of $757.800 million which missed the analyst consensus estimate of $776.800 million by 2.45 percent. This is a 3.09 percent decrease over sales of $782.000 million the same period last year.
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