Matson (MATX) Q1 Earnings and Revenues Lag Estimates

Matson (MATX) came out with quarterly earnings of $2.18 per share, missing the Zacks Consensus Estimate of$ 2.34 per share. This compares to earnings of $1.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -6.84%. A quarter ago, it was expected that this ocean transportation and logistics services company would post earnings of$ 3.20 per share when it actually produced earnings of $3.80, delivering a surprise of 18.75%.Over t ...