Matson (MATX) Tops Q1 EPS by 10c; Raises Outlook
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Matson, Inc. Announces First Quarter 2018 Results And Raises 2018 Outlook
May 1, 2018 4:03 PM EDTHONOLULU, May 1, 2018 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX), a leading U.S. carrier in the Pacific, today reported net income of $14.2 million, or $0.33 per diluted share, for the quarter ended March 31, 2018. Net income for the quarter ended March 31, 2017 was $7.0 million, or $0.16 per diluted share. Consolidated revenue for the first quarter 2018 was $511.4 million compared with $474.4 million reported for the first quarter 2017.
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