MATSON, INC. ANNOUNCES SECOND QUARTER 2023 RESULTS
2Q23 EPS of $2.262Q23 Net Income and EBITDA of $80.8 million and $140.5 million, respectivelyYear-over-year decrease in 2Q23 consolidated operatin...
Source: businessinsider.com
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Matson profit tumbled in second quarter
Matson Inc. earned a far smaller profit in the second quarter compared with a year earlier, primarily due to lower shipping volume and freight rates in its China service, while business also declined in Hawaii.
Source: staradvertiser.com
Shipping companies are on a spending spree
Major shipping firms are spending record profits on new models mostly from shipyards of Korea and China.
Source: indiatimes.com
MATSON, INC. ANNOUNCES SECOND QUARTER 2023 RESULTS
/PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX), a leading U.S. carrier in the Pacific, today reported net income of $80.8 million, or $2....
Source: prnewswire.com
Matson (NYSE:MATX) Stock Rating Reaffirmed by Stephens
Stephens reiterated their equal weight rating on shares of Matson (NYSE:MATX – Free Report) in a research report released on Friday, Benzinga reports. They currently have a $73.00 price target on the shipping company’s stock. Several other research firms have also recently commented on MATX. Stifel Nicolaus cut their price target on Matson from $73.00 […]
Source: wkrb13.com