Matson (MATX) Misses Q4 EPS by 3c
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Matson, Inc. Announces Fourth Quarter EPS Of $0.44, Full Year EPS Of $1.85, And Provides 2017 Outlook
February 21, 2017 4:01 PM ESTHONOLULU, Feb. 21, 2017 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX), a leading U.S. carrier in the Pacific, today reported net income of $19.4 million, or $0.44 per diluted share for the quarter ended December 31, 2016. Net income for the quarter ended December 31, 2015 was $26.6 million, or $0.60 per diluted share. Consolidated revenue for the fourth quarter 2016 was $519.3 million compared with $494.8 million reported for the fourth quarter 2015.
For the full year 2016, Matson reported net income of $80.5 million, or $1.85 per diluted share compared with $103.0 million,... More
