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MATXBearishEarningsnews
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Matson (MATX) Beats Q1 Earnings Estimates

Apr 30, 2024, 6:47 PM EDT1 sourcesAI-analyzed

AI summary

What happened, with direct paths to the underlying reporting

- Matson reported earnings of $1.04 per share, beating estimates by 5.05%. - The company missed revenue estimates for the quarter, but beat estimates in the past. - Matson shares have only increased 0.4% since the beginning of the year. - The company's earnings outlook is currently rated as a Zacks Rank #3 (Hold). Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • Matson reported earnings of $1.04 per share, beating estimates by 5.05%.
  • The company missed revenue estimates for the quarter, but beat estimates in the past.
  • Matson shares have only increased 0.4% since the beginning of the year.
  • The company's earnings outlook is currently rated as a Zacks Rank #3 (Hold).

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