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

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

February 23, 2021 4:05 PM EST

HONOLULU, Feb. 23, 2021 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX), a leading U.S. carrier in the Pacific, today reported net income of $85.6 million, or $1.96 per diluted share, for the quarter ended December 31, 2020.  Net income for the quarter ended December 31, 2019 was $15.6 million, or $0.36 per diluted share.  Consolidated revenue for the fourth quarter 2020 was $700.1 million compared with $540.7 million for the fourth quarter 2019.

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