Matson, Inc. Announces Fourth Quarter And Full Year 2020 Results

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Matson (MATX) Tops Q4 EPS by 16c, Revenues Beat

February 23, 2021 4:37 PM EST

Matson (NYSE: MATX) reported Q4 EPS of $1.96, $0.16 better than the analyst estimate of $1.80. Revenue for the quarter came in at $700.1 million versus the consensus estimate of $666.83 million.

4Q20 EPS of $1.96Full Year 2020 EPS of $4.44Full Year 2020 Net Income and EBITDA of $193.1 million and $423.7 million, respectivelyYear-over-year increase in 4Q20 and Full Year 2020 consolidated operating income driven primarily by China service strengthLeverage ratio per debt agreements at year end of approximately 1.7x

"Matson capped off a strong year with... More