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Matson Inc (MATX) Q1 2021 Earnings Call Transcript

Matson Inc (MATX) Q1 2021 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble. Matson Inc (NYSE: MATX) Operator Good day thank you for standing by. Welcome to the First Quarter 2021 Financial Results Conference Call. [Operator Instructions] Later, we will conduct a question-and-answer session and instructions will follow at that time. [Operator Instructions] I would now like to turn the conference over to your host, Mr. ...
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Source: msn.com

Matson, Inc. Announces First Quarter 2021 Results

Share this article Share this article HONOLULU, April 27, 2021 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX), a leading U.S. carrier in the Pacific, today reported net income of $87.2 million, or $1.99 per diluted share, for the quarter ended March 31, 2021.  Net income for the quarter ended March 31, 2020 was $3.8 million, or $0.09 per diluted share.  Consolidated revenue for the first quarter 2021 was $711.8 million compared with $513.9 million for the first quarter ...
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Matson Announces Preliminary 1Q21 Results, Provides Business Update And Announces 1Q21 Earnings Call Date

Matson Announces Preliminary 1Q21 Results, Provides Business Update And Announces 1Q21 Earnings Call Date -- Expects 1Q21 operating income for Ocean Transportation to be $110.0 to $115.0 million vs. $7.9 million in 1Q20 -- Expects 1Q21 operating income for Logistics to be approximately $6.0 million vs. $5.1 million in 1Q20 -- Expects 1Q21 net income and diluted EPS to be $80.0 to $85.0 million and $1.83 to $1.93, respectively -- Year-over-year increase in consolidated operating income driven pr...
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Pros to Know Winners Keep Supply Chains Afloat in Times of Crisis

Supply & Demand Chain Executive announces the winners of the 2021 Pros to Know award. March 16, 2021 It would be a disservice to all frontline workers to just say that “2020 is one for the books.” Well, sure, it is, but those working behind the scenes may view it differently.   When the Coronavirus disease (COVID-19) was first declared a global pandemic in March 2020, the world became slightly unhinged. Stock outs were normalized, schools went digital and adults worked from home. W...
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Matson, Inc. Announces Fourth Quarter And Full Year 2020 Results

Share this article Share this article HONOLULU, Feb. 23, 2021 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX), a leading U.S. carrier in the Pacific, today reported net income of $85.6 million, or $1.96 per diluted share, for the quarter ended December 31, 2020.  Net income for the quarter ended December 31, 2019 was $15.6 million, or $0.36 per diluted share.  Consolidated revenue for the fourth quarter 2020 was $700.1 million compared with $540.7 million for the fourth ...
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Matson Announces Quarterly Dividend Of $0.23 Per Share

Share this article Share this article HONOLULU, Jan. 28, 2021 /PRNewswire/ -- The Board of Directors of Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, today declared a first quarter dividend of $0.23 per common share.  The dividend will be paid on March 4, 2021 to all shareholders of record as of the close of business on February 11, 2021. About the Company Founded in 1882, Matson (NYSE: MATX) is a leading provider of ocean transportation and logistics services.  Matson pr...
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Matson to Attend Sidoti Winter Investor Conference

Matson to Attend Sidoti Winter Investor Conference News provided by Share this article Share this article HONOLULU, Jan. 6, 2021 /PRNewswire/ -- Matson, Inc. (NYSE: MATX) announced today that Matt Cox, Chairman and Chief Executive Officer, and Joel Wine, Senior Vice President and Chief Financial Officer, will be attending the Sidoti Winter Investor Conference to be held virtually on January 13, 2021.  Matson will provide access to the presentation slides on its website on January 13, 2021. ...
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Matson Takes Delivery Of 'Matsonia'

Matson Takes Delivery Of Matsonia Fourth New Ship in Three Years Completes Hawaii Fleet Renewal News provided by Share this article Share this article HONOLULU, Dec. 18, 2020 /PRNewswire/ -- Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, today took delivery of Matsonia, the second of two new Kanaloa Class combination container / roll-on, roll-off ("con-ro") ships built for Matson by General Dynamics NASSCO.  The two are the largest vessels of their kind ever built in th...
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