Matson (MATX) Q3 Earnings Surpass Estimates

Matson (MATX) came out with quarterly earnings of $5.89 per share, beating the Zacks Consensus Estimate of$ 4.98 per share. This compares to earnings of $3.40 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.27%. A quarter ago, it was expected that this ocean transportation and logistics services company would post earnings of$ 3.05 per share when it actually produced earnings of $3.31, delivering a surprise of 8.52%.Over th ...