Matson Announces Preliminary 1Q21 Results, Provides Business Update And Announces 1Q21 Earnings Call Date Expects 1Q21 operating income for Ocean Transportation to be $110.0 to $115.0 million vs. $7.9 million in 1Q20 Expects 1Q21 operating income for Logistics to be approximately $6.0 million vs. $5.1 million in 1Q20 Expects 1Q21 net income and diluted EPS to be $80.0 to $85.0 million and $1.83 to $1.93, respectively Year-over-year increase in consolidated operating income driven primarily by China service strength Announces first quarter earnings call date on April 27, 2021
News provided by
Share this article
Share this article
HONOLULU, April 15, 2021 /PRNewswire/ Matson, Inc. (NYSE: MATX) today announces preliminary first quarter financial results, provides a business update and announces that its first quarter earnings call date will be held on April 27, 2021.
Share this article
Share this article
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.
For the twelve months ended December 31, 2020, Matson reported net income of $193.1 million, or $4.44 per diluted share compared with $82.7 million, or $1.91 per diluted share in 2019. Consolidated revenue for the twelve month period ended December 31, 2020 was $2,383.3 million, compared with $2,203.1 million in 2019.
Share this article
Share this article
HONOLULU, Jan. 28, 2021 /PRNewswire/ The Board of Directors of Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, today declared a first quarter dividend of $0.23 per common share. The dividend will be paid on March 4, 2021 to all shareholders of record as of the close of business on February 11, 2021.
About the Company
Founded in 1882, Matson (NYSE: MATX) is a leading provider of ocean transportation and logistics services. Matson provides a vital lifeline to the domestic non-contiguous economies of Hawaii, Alaska, and Guam, and to other island economies in Micronesia. Matson also operates two premium, expedited services from China to Long Beach, California, provides service to Okinawa, Japan and various islands in the South Pacific, and operates an international export service from Dutch Harbor to Asia. The Company s fleet of owned and chartered vessels includes containerships, combination container and roll-on/rol
Matson Announces Preliminary 4Q20 Results, Provides Business Update And Announces 4Q20 Earnings Call Date yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.