Matson (MATX) Declares $0.23 Quarterly Dividend; 1.7% Yield
- S&P 500 ends higher as markets weigh rising yields, upbeat corporate results
- Meta Platforms reports softer Q2 revenue guidance on plans to boost spending on AI
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- Equities mixed as investors eye earnings; yen on intervention watch
- ServiceNow (NOW) stock falls as refreshed subscription outlook trails estimates
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Hasbro (HAS) brand strength sees earnings top expectations
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Crude Inventory Declined 6.4 Million Barrels Last Week
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
Matson (MATX) Tops Q3 EPS by 24c, Revenues Beat
November 2, 2020 4:40 PM ESTMatson (NYSE: MATX) reported Q3 EPS of $1.63, $0.24 better than the analyst estimate of $1.39. Revenue for the quarter came in at $645.2 million versus the consensus estimate of $644.39 million.
3Q20 EPS of $1.63 vs. $0.84 in 3Q193Q20 Net Income of $70.9 million vs. $36.2 million in 3Q193Q20 EBITDA of $134.7 million vs. $89.1 million in 3Q19Year-over-year increase in consolidated operating income driven primarily by China service strength Available borrowings of approximately $519 million at quarter end and leverage ratio per debt agreements of 2.4x"Matson's... More