Matson announces preliminary 3q22 results, provides business update and announces 3q22 earnings call date
Expects 3q22 operating income for ocean transportation to be $310.0 to $315.0 million expects 3q22 operating income for logistics to be $19.0 to $20.0 million expects 3q22 net income and diluted eps to be $257.3 to $262.0 million and $6.67 to $6.79, respectively year-over-year decrease in consolidated operating income driven primarily by lower volume in china service repurchased approximately 1.1 million shares in 3q22 announces third quarter earnings call date on november 2, 2022 honolulu , oct. 17, 2022 /prnewswire/ -- matson, inc. ("matson" or the "company") (nyse: matx) today announces preliminary third quarter financial results, provides a business update and announces that its third quarter earnings call will be held on november 2, 2022. "matson's differentiated ocean services performed well in the third quarter 2022, but the company achieved lower year-over-year consolidated operating income as we saw lower demand for expedited ocean services in the transpacific tradelane compared to the high levels of freight demand during the pandemic in the year ago period," said chairman and chief executive officer matt cox.
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