Matson Q1 GAAP Earnings, Revenue Rise; Maintains Dividend

MT Newswires Live
06 May

Matson (MATX) reported GAAP Q1 earnings late Monday of $2.18 per diluted share, up from $1.04 a year earlier.

Two analysts polled by FactSet expected $2.13.

Revenue for the quarter ended March 31 was $782 million, up from $722.1 million a year earlier.

Three analysts surveyed by FactSet expected $794.3 million.

The company kept its quarterly dividend at $0.34 per share, payable June 5 to holders of record May 8.

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