Matson (MATX) Reports In-Line Q4 EPS

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Matson, Inc. Announces Fourth Quarter And Full Year 2019 Results; Provides 2020 Outlook

February 25, 2020 4:05 PM EST

HONOLULU, Feb. 25, 2020 /PRNewswire/ -- 

4Q19 EPS of $0.36 Full Year 2019 EPS of $1.91 Full Year 2019 Net Income and EBITDA of $82.7 million and $264.3 million, respectively 2020 Net Income is expected to be flat with the 2019 level; expect negative COVID-19 impact Reaffirm $30 million in financial benefits in 2020 from new vessels and infrastructure investments

Matson, Inc. ("Matson" or the "Company") (NYSE: MATX), a leading U.S. carrier in the Pacific, today reported net income of $15.6 million, or $0.36 per diluted share, for the quarter ended December 31, 2019.  Net income for the quarter... More