Matson, Inc. Announces Fourth Quarter And Full Year 2018 Results; Provides 2019 Outlook
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Matson (MATX) Tops Q4 EPS by 1c, Revenues Beat
February 21, 2019 4:31 PM ESTMatson (NYSE: MATX) reported Q4 EPS of $0.48, $0.01 better than the analyst estimate of $0.47. Revenue for the quarter came in at $564.9 million versus the consensus estimate of $545.33 million.
Matt Cox, Matson's Chairman and Chief Executive Officer, commented, "Our operating performance in the fourth quarter was in-line with expectations, with strong demand in our China service and strong execution across all service lines in Logistics. For the year, we performed well with exceptional performance in our China service and significant contributions from Logistics and SSAT, all of which helped propel the Company\'s... More
