Matson (MATX) Tops Q3 EPS by 1c

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Matson, Inc. Announces Third Quarter 2019 Results; Maintains Full Year 2019 Operating Income Outlook

November 7, 2019 4:11 PM EST

HONOLULU, Nov. 7, 2019 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX), a leading U.S. carrier in the Pacific, today reported net income of $36.2 million, or $0.84 per diluted share, for the quarter ended September 30, 2019.  Net income for the quarter ended September 30, 2018 was $41.6 million, or $0.97 per diluted share.  Consolidated revenue for the third quarter 2019 was $572.1 million compared with $589.4 million for the third quarter 2018.

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