Matson (MATX) Tops Q1 EPS by 2c, Provides Outlook

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Matson, Inc. Announces First Quarter 2015 Diluted EPS Of $0.57, Updates 2015 Outlook

May 4, 2015 4:01 PM EDT

HONOLULU, May 4, 2015 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX), a leading U.S. carrier in the Pacific, today reported net income of $25.0 million, or $0.57 per diluted share for the quarter ended March 31, 2015. Net income for the quarter ended March 31, 2014 was $3.4 million, or $0.08 per diluted share. Consolidated revenue for the first quarter 2015 was $398.2 million compared with $392.5 million reported for the first quarter 2014.

Matt Cox, Matson's President and Chief Executive Officer, commented, "As expected, Matson carried... More