Previous close | 1.4000 |
Open | 1.4000 |
Bid | 1.0000 |
Ask | 3.1000 |
Strike | 100.00 |
Expiry date | 2024-05-17 |
Day's range | 1.4000 - 1.4000 |
Contract range | N/A |
Volume | |
Open interest | 84 |
Matson (MATX) delivered earnings and revenue surprises of 5.05% and 2.42%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Insight into Matson's Financial Health and Future Outlook
Matson, Inc. ("Matson" or the "Company") (NYSE: MATX), a leading U.S. carrier in the Pacific, today reported net income of $36.1 million, or $1.04 per diluted share, for the quarter ended March 31, 2024. Net income for the quarter ended March 31, 2023 was $34.0 million, or $0.94 per diluted share. Consolidated revenue for the first quarter 2024 was $722.1 million compared with $704.8 million for the first quarter 2023.