Matson Q2 2024 Adj EPS $3.31 Beats $3.00 Estimate, Sales $847.40M Beat $839.49M Estimate
Portfolio Pulse from Benzinga Newsdesk
Matson (NYSE:MATX) reported Q2 2024 adjusted EPS of $3.31, beating the $3.00 estimate. Sales were $847.40M, surpassing the $839.49M estimate and showing a 9.57% increase from last year.
August 01, 2024 | 8:19 pm
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POSITIVE IMPACT
Matson reported strong Q2 2024 results with EPS of $3.31 beating estimates by 10.33% and sales of $847.40M surpassing estimates by 0.94%. Sales increased by 9.57% YoY.
Matson's Q2 2024 earnings and sales both exceeded analyst expectations, indicating strong financial performance. The YoY sales increase further supports a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100