Matson (MATX) Tops Q1 EPS by 4c, Revenues Beat; Provides FY19 Operating Outlook
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Matson, Inc. Announces First Quarter 2019 Results; Raises Full Year 2019 Operating Income Outlook
May 8, 2019 4:06 PM EDTHONOLULU, May 8, 2019 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX), a leading U.S. carrier in the Pacific, today reported net income of $12.5 million, or $0.29 per diluted share, for the quarter ended March 31, 2019. Net income for the quarter ended March 31, 2018 was $14.2 million, or $0.33 per diluted share. Consolidated revenue for the first quarter 2019 was $532.4 million compared with $511.4 million for the first quarter 2018.
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