Matson (MATX) Tops Q3 EPS by 24c, Revenues Beat

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Matson, Inc. Announces Third Quarter 2020 Results

November 2, 2020 4:05 PM EST

HONOLULU, Nov. 2, 2020 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX), a leading U.S. carrier in the Pacific, today reported net income of $70.9 million, or $1.63 per diluted share, for the quarter ended September 30, 2020.  Net income for the quarter ended September 30, 2019 was $36.2 million, or $0.84 per diluted share.  Consolidated revenue for the third quarter 2020 was $645.2 million compared with $572.1 million for the third quarter... More