Market Overview

Recap: Matson Q3 Earnings


Shares of Matson (NYSE:MATX) were unchanged in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share rose 94.05% over the past year to $1.63, which beat the estimate of $1.39.

Revenue of $645,200,000 rose by 12.78% year over year, which beat the estimate of $644,390,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Nov 02, 2020

Time: 04:30 PM

ET Webcast URL:

Recent Stock Performance

Company's 52-week high was at $53.71

52-week low: $23.75

Price action over last quarter: Up 36.02%

Company Description

Matson Inc is engaged in providing ocean transportation and logistics services. The business segments of the company are ocean transportation that provides ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, California, Okinawa, and different islands in the South Pacific and logistics that offers long haul and regional highway trucking services, warehousing and distribution services, supply chain management, and freight forwarding services. The firm generates majority revenue from ocean transportation.


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Posted-In: Earnings