Matson, Inc. Announces Second Quarter 2020 Results
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Matson (MATX) Misses Q2 EPS by 30c
August 5, 2020 4:41 PM EDTMatson (NYSE: MATX) reported Q2 EPS of $0.43, $0.30 worse than the analyst estimate of $0.73. Revenue for the quarter came in at $524.1 million versus the consensus estimate of $572.99 million.
Matt Cox, Matson's Chairman and Chief Executive Officer, commented, "Matson's businesses performed well in the second quarter despite challenges from the COVID-19 pandemic and related economic effects. The operational and financial actions we have taken in the last few months... More
