Matson (MATX) Reports Q4 EPS of 60c

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Go back to Matson (MATX) Reports Q4 EPS of 60c

Matson, Inc. Announces Fourth Quarter EPS Of $0.60, Full Year EPS Of $2.34, And Provides 2016 Outlook

February 23, 2016 4:01 PM EST

HONOLULU, Feb. 23, 2016 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX), a leading U.S. carrier in the Pacific, today reported net income of $26.6 million, or $0.60 per diluted share for the quarter ended December 31, 2015.  Net income for the quarter ended December 31, 2014 was $27.8 million, or $0.63 per diluted share.  Consolidated revenue for the fourth quarter 2015 was $494.8 million compared with $443.5 million reported for the fourth quarter 2014.

For the full year 2015, Matson reported net income of $103.0 million, or $2.34 per diluted share compared with $70.8 million, or... More