Matson (MATX) Reports In-Line Q2 EPS
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/13/2026
- S&P 500 notches record-high close as rate-hike worries ease
- Oil settles down 2% on weak demand outlook, hefty US crude build
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
- Exclusive-Silver Lake in talks to buy Workday, sources say
- Crude Inventory Rose 17.2 Million Barrels Last Week - EIA
- Citi agrees to acquire rewards platform Kard Financial
- Total darkness, then sunset as full eclipse wows spectators in Spain
- Burry doubles down on Nebius short after stock surges 34% on earnings
Matson, Inc. Announces Second Quarter EPS Of $0.42; Affirms 2016 Outlook
August 2, 2016 4:01 PM EDTHONOLULU, Aug. 2, 2016 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX), a leading U.S. carrier in the Pacific, today reported net income of $18.0 million, or $0.42 per diluted share for the quarter ended June 30, 2016. Net income for the quarter ended June 30, 2015 was $9.9 million, or $0.23 per diluted share. The Company's second quarter 2015 results were negatively impacted by $13.5 million of additional selling, general and administrative expenses related to the Company's acquisition of Horizon Lines, Inc. (the "Horizon Acquisition") in excess of the Company's incremental run-rate target and by $11.4 million of... More
