Matson, Inc. Announces First Quarter 2015 Diluted EPS Of $0.57, Updates 2015 Outlook
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Matson (MATX) Tops Q1 EPS by 2c, Provides Outlook
May 4, 2015 4:26 PM EDTMatson (NYSE: MATX) reported Q1 EPS of $0.57, $0.02 better than the analyst estimate of $0.55. Revenue for the quarter came in at $398.2 million versus the consensus estimate of $427.7 million.
2015 Outlook
The Company expects to close the pending transaction with Horizon Lines, Inc. by the end of the second quarter. However, the closing remains dependent upon a number of conditions, including the closing of Pasha's acquisition of Horizon's Hawaii business. The Company's 2015 outlook continues to exclude any future effects of the pending transaction. Assuming the pending transaction closes by the end of the second... More
