Edition:
United States

Matson Inc (MATX.N)

MATX.N on New York Stock Exchange

38.40USD
19 Jun 2018
Change (% chg)

-- (--)
Prev Close
$38.40
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
73,062
52-wk High
$40.29
52-wk Low
$21.70

Latest Key Developments (Source: Significant Developments)

Matson Inc Reports Q4 Earnings Per Share $3.90
Tuesday, 20 Feb 2018 04:03pm EST 

Feb 20 (Reuters) - Matson Inc ::MATSON, INC. ANNOUNCES FOURTH QUARTER AND FULL YEAR 2017 RESULTS, AND PROVIDES 2018 OUTLOOK.Q4 EARNINGS PER SHARE $3.90.Q4 REVENUE $516.1 MILLION VERSUS $519.3 MILLION.Q4 ADJUSTED EARNINGS PER SHARE $0.28 EXCLUDING ITEMS.Q4 EARNINGS PER SHARE VIEW $0.30, REVENUE VIEW $503.1 MILLION -- THOMSON REUTERS I/B/E/S.FY 2017 EPS OF $5.37, INCLUDING BENEFIT FROM TAX CUTS AND JOBS ACT OF $3.59​.MATSON - QTRLY EPS BENEFITTED BY $3.62 PER SHARE FROM A ONE-TIME, NON-CASH ADJUSTMENT ARISING FROM ENACTMENT OF TAX CUTS AND JOBS ACT.MATSON - EXPECTS 2018 EBITDA TO BE LOWER THAN $296 MILLION REPORTED IN 2017.MATSON - FOR 2018, EXPECT TO FACE CONTINUED COMPETITIVE PRESSURE IN GUAM AND MODESTLY LOWER VOLUME IN CHINA COMING OFF AN EXCEPTIONALLY STRONG YEAR.  Full Article

Matson Inc reports Q3 earnings per share $0.79
Thursday, 2 Nov 2017 04:01pm EDT 

Nov 2 (Reuters) - Matson Inc :Matson Inc announces third quarter EPS of $0.79, raises 2017 outlook.Q3 earnings per share $0.79.Q3 revenue $543.9 million versus I/B/E/S view $531.8 million.Q3 earnings per share view $0.62 -- Thomson Reuters I/B/E/S.Matson Inc - ‍company expects full year 2017 EBITDA to be modestly higher than $290.0 million in 2016​.Matson Inc - ‍company expects full year 2017 ocean transportation operating income to be lower than $142.7 million achieved in 2016​.Matson Inc - Expects to make maintenance capital expenditure payments of about $50 million and vessel construction expenditures of about $250 million ‍for fy2017.Matson Inc - company expects to​ make dry-docking payments of approximately $50 million in fy2017.  Full Article

Matson's unit says Pasha Hawaii to have exclusive use of Kapalama container terminal- SEC filing​
Thursday, 21 Sep 2017 09:23am EDT 

Sept 21 (Reuters) - Matson Inc ::Says on Sept 20, co's unit confirmed Department Of Transportation, Harbors Division, granted exclusive use of Kapalama container terminal to Pasha Hawaii .Says Matson's lease will be amended to include portion of Pier 51 currently occupied by Pasha- SEC filing​.  Full Article

Matson to introduce new extension of its SPX service to Tahiti
Monday, 7 Aug 2017 09:12pm EDT 

Aug 7 (Reuters) - Matson Inc -:Matson Inc-to introduce new extension of its SPX service to Tahiti, providing twice monthly arrivals from U.S. Mainland and Honolulu to French polynesia.  Full Article

Matson enters into an amended and restated credit agreement
Friday, 30 Jun 2017 05:39pm EDT 

June 30 (Reuters) - Matson Inc ::Matson Inc - on June 29, 2017, co entered into an amended and restated credit agreement- SEC filing.Matson Inc says credit agreement has a five-year maturity and provides loan commitments to company as of closing date in aggregate amount of $650 million.Credit Agreement amends and restates that certain credit agreement dated as of June 4, 2012.Matson Inc says credit agreement also provides for letters of credit in aggregate amount of up to $100 million.Matson Inc says credit agreement also provides a swing line loan in aggregate amount of up to $50 million.  Full Article

Matson announces Q1 EPS of $0.16, affirms 2017 outlook
Wednesday, 3 May 2017 04:01pm EDT 

May 3 (Reuters) - Matson Inc :Affirms full year 2017 operating income outlook.Matson, Inc. announces first quarter EPS of $0.16, affirms 2017 outlook.Q1 earnings per share $0.16.Q1 revenue $474.4 million versus I/B/E/S view $434.4 million.Q1 earnings per share view $0.15 -- Thomson Reuters I/B/E/S.FY2017 earnings per share view $1.61, revenue view $1.98 billion -- Thomson Reuters I/B/E/S.  Full Article

Matson Inc Board appoints CEO Matt Cox as Chairman
Thursday, 27 Apr 2017 02:35pm EDT 

April 27 (Reuters) - Matson Inc ::Matson, Inc. Board appoints Matt Cox chairman.Says Cox retains his duties as chief executive officer of company.  Full Article

Matson reports Q4 earnings per share $0.44
Tuesday, 21 Feb 2017 04:01pm EST 

Matson Inc - : Matson Inc announces fourth quarter earnings per share of $0.44, full year earnings per share of $1.85, and provides 2017 outlook . Q4 earnings per share $0.44 . Q4 revenue $519.3 million versus I/B/E/S view $493.7 million . Q4 earnings per share view $0.47 -- Thomson Reuters I/B/E/S . 4Q16 results negatively impacted by "surge in bunker fuel prices and timing of fuel surcharge collections" ."For 2017, we expect to see modest improvement in each of our core businesses".  Full Article

Matson expects logistics segment operating income for FY16 to be about $12 mln
Thursday, 4 Aug 2016 11:23am EDT 

Matson Inc : Expected logistics segment operating income for full year 2016 to be approximately $12 million . Excluding one-time items expects deal to be immediately accretive to earnings per share providing annual eps accretion of about $0.10 to $0.12 .Expects to incur one-time pre-tax span alaska deal closing and integration costs of approximately $4.0 to $5.0 million in second half 2016.  Full Article

Matson second quarter EPS $0.42
Tuesday, 2 Aug 2016 04:01pm EDT 

Matson Inc : Consolidated revenue for q2 2016 was $467.7 million compared with $447.6 million reported for q2 2015 . Q2 earnings per share view $0.42, revenue view $489.7 million -- Thomson Reuters I/B/E/S .Matson, inc. Announces second quarter eps of $0.42; affirms 2016 outlook.  Full Article

BRIEF-Matson Reports Q1 2018 Earnings Per Share $0.33

* MATSON, INC. ANNOUNCES FIRST QUARTER 2018 RESULTS AND RAISES 2018 OUTLOOK