MATX - Earnings announcements

HONOLULU, April 20, 2026 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE:MATX), a leading U.S. carrier in the Pacific, today announced that it will release its financial results for the first quarter on Monday, May 4, 2026. A conference call is scheduled for 4:30 p.m. ET when Matt Cox, Chairman and Chief Executive Officer, and Joel Wine, Executive Vice President and Chief Financial Officer, will discuss Matson's first quarter results.Date of Conference Call:Monday, May 4, 2026Scheduled Time:4:30 p.m. ET / 1:30 p.m. PT / 10:30 a.m. HTThe conference call will be bro

4Q25 EPS of $4.60Full Year 2025 EPS of $13.81Full Year 2025 Net Income and EBITDA of $444.8 million and $704.7 million, respectively1Q26 Consolidated Operating Income expected to be lower year-over-year2026 Consolidated Operating Income expected to approach the level achieved in full year 2025HONOLULU, Feb. 24, 2026 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE:MATX), a leading U.S. carrier in the Pacific, today reported net income of $143.1 million, or $4.60 per diluted share, for the quarter ended December 31, 2025.  Net income for the quarter ended December 31, 2024 was $128.0 million, or $3.80 per diluted share.  Consolidated revenue for the fourth quarter 2025 was $851.

Expects 4Q25 consolidated operating income to be $135.0 to $145.0 millionExpects 4Q25 net income and diluted EPS to be $131.3 to $146.3 million and $4.22 to $4.70, respectively4Q25 diluted EPS includes a benefit of approximately $0.77 due to positive income tax adjustmentsExpects full year 2026 consolidated operating income to approach the level achieved in full year 2025Repurchased approximately 0.7 million shares in 4Q25HONOLULU, Jan. 14, 2026 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE:MATX) today announces preliminary fourth quarter financial results, provides 2026 outlook for consolidated operating income and announces that its fourth quarter earnings call will be hel

3Q25 EPS of $4.24 versus $5.89 in 3Q243Q25 Net Income of $134.7 million versus $199.1 million in 3Q243Q25 Consolidated Operating Income of $161.0 million versus $242.3 million in 3Q243Q25 EBITDA of $212.3 million versus $289.4 million in 3Q24Repurchased approximately 0.6 million shares in 3Q254Q25 Consolidated Operating Income expected to be approximately 30% lower than 4Q24HONOLULU, Nov. 4, 2025 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE:MATX), a leading U.S. carrier in the Pacific, today reported net income of $134.7 million, or $4.24 per diluted share, for the quarter ended September 30, 2025. Net income for the quarter ended September 30, 2024 was $199.1 million, or $

HONOLULU, Oct. 20, 2025 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE:MATX), a leading U.S. carrier in the Pacific, today announced that it will release its financial results for the third quarter on Tuesday, November 4, 2025. A conference call is scheduled for 4:30 p.m. ET when Matt Cox, Chairman and Chief Executive Officer, and Joel Wine, Executive Vice President and Chief Financial Officer, will discuss Matson's third quarter results. Date of Conference Call:          Tuesday, November 4, 2025 Scheduled Time:                       4:30 p.m. ET / 1:30 p.m. P

2Q25 EPS of $2.92 versus $3.31 in 2Q242Q25 Net Income of $94.7 million versus $113.2 million in 2Q242Q25 Consolidated Operating income of $113.0 million versus $124.6 million in 2Q242Q25 EBITDA of $163.6 million versus $171.5 million in 2Q24Repurchased approximately 0.9 million shares in 2Q25Raising full year outlookHONOLULU, July 31, 2025 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE:MATX), a leading U.S. carrier in the Pacific, today reported net income of $94.7 million, or $2.92 per diluted share, for the quarter ended June 30, 2025.  Net income for the quarter ended June 30, 2024 was $113.2 million, or $3.31 per diluted share.  Consolidated revenue for the second quarter

HONOLULU, July 17, 2025 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE:MATX), a leading U.S. carrier in the Pacific, today announced that it will release its financial results for the second quarter on Thursday, July 31, 2025. A conference call is scheduled for 4:30 p.m. ET when Matt Cox, Chairman and Chief Executive Officer, and Joel Wine, Executive Vice President and Chief Financial Officer, will discuss Matson's second quarter results. Date of Conference Call:          Thursday, July 31, 2025 Scheduled Time:                      4:30 p.m. ET / 1:30 p.m. PT /

1Q25 EPS of $2.18 versus $1.04 in 1Q241Q25 Net Income of $72.3 million versus $36.1 million in 1Q241Q25 Consolidated Operating income of $82.1 million versus $36.9 million in 1Q241Q25 EBITDA of $131.7 million versus $82.8 million in 1Q24Repurchased approximately 0.5 million shares in 1Q25Updates full year outlookHONOLULU, May 5, 2025 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE:MATX), a leading U.S. carrier in the Pacific, today reported net income of $72.3 million, or $2.18 per diluted share, for the quarter ended March 31, 2025.  Net income for the quarter ended March 31, 2024 was $36.1 million, or $1.04 per diluted share.  Consolidated revenue for the first quarter 2025

HONOLULU, April 21, 2025 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE:MATX), a leading U.S. carrier in the Pacific, today announced that it will release its financial results for the first quarter on Monday, May 5, 2025. A conference call is scheduled for 4:30 p.m. ET when Matt Cox, Chairman and Chief Executive Officer, and Joel Wine, Executive Vice President and Chief Financial Officer, will discuss Matson's first quarter results. Date of Conference Call:        Monday, May 5, 2025 Scheduled Time:                      4:30 p.m. ET / 1:30 p.m. PT / 10:30 a.m.

4Q24 EPS of $3.80Full Year 2024 EPS of $13.93Full Year 2024 Net Income and EBITDA of $476.4 million and $738.9 million, respectively1Q25 Consolidated Operating income expected to be meaningfully higher year-over-year2025 Consolidated Operating Income dependent on timing of Red Sea normalization and other factorsHONOLULU, Feb. 25, 2025 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE:MATX), a leading U.S. carrier in the Pacific, today reported net income of $128.0 million, or $3.80 per diluted share, for the quarter ended December 31, 2024. Net income for the quarter ended December 31, 2023 was $62.4 million, or $1.78 per diluted share. Consolidated revenue for the fourth quarte

HONOLULU, Feb. 10, 2025 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE:MATX), a leading U.S. carrier in the Pacific, today announced that it will release its financial results for the fourth quarter on Tuesday, February 25, 2025. A conference call is scheduled for 4:30 p.m. ET when Matt Cox, Chairman and Chief Executive Officer, and Joel Wine, Executive Vice President and Chief Financial Officer, will discuss Matson's fourth quarter results. Date of Conference Call: Tuesday, February 25, 2025 Scheduled Time: 4:30 p.m. ET / 1:30 p.m. PT / 11:30 a.m. HT The confe

3Q24 EPS of $5.89 versus $3.40 in 3Q233Q24 Net Income of $199.1 million versus $119.9 million in 3Q233Q24 Consolidated Operating Income of $242.3 million versus $132.1 million in 3Q233Q24 EBITDA of $289.4 million versus $175.1 million in 3Q23Repurchased approximately 0.4 million shares in 3Q24Raising outlook for Full Year 2024 Consolidated Operating IncomeHONOLULU, Oct. 30, 2024 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE:MATX), a leading U.S. carrier in the Pacific, today reported net income of $199.1 million, or $5.89 per diluted share, for the quarter ended September 30, 2024.  Net income for the quarter ended September 30, 2023 was $119.9 million, or $3.40 per diluted

HONOLULU, Oct. 16, 2024 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE:MATX), a leading U.S. carrier in the Pacific, today announced that it will release its financial results for the third quarter on Wednesday, October 30, 2024. A conference call is scheduled for 4:30 p.m. ET when Matt Cox, Chairman and Chief Executive Officer, and Joel Wine, Executive Vice President and Chief Financial Officer, will discuss Matson's third quarter results. Date of Conference Call: Wednesday, October 30, 2024 Scheduled Time: 4:30 p.m. ET / 1:30 p.m. PT / 10:30 a.m. HT The confe

2Q24 EPS of $3.31 versus $2.26 in 2Q232Q24 Net Income of $113.2 million versus $80.8 million in 2Q232Q24 Consolidated Operating Income of $124.6 million versus $96.7 million in 2Q232Q24 EBITDA of $171.5 million versus $140.5 million in 2Q23Repurchased approximately 0.6 million shares in 2Q24Raising outlook for Full Year 2024 Consolidated Operating IncomeHONOLULU, Hawaii, Aug. 1, 2024 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE:MATX), a leading U.S. carrier in the Pacific, today reported net income of $113.2 million, or $3.31 per diluted share, for the quarter ended June 30, 2024.  Net income for the quarter ended June 30, 2023 was $80.8 million, or $2.26 per diluted share.

HONOLULU, July 18, 2024 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE:MATX), a leading U.S. carrier in the Pacific, today announced that it will release its financial results for the second quarter on Thursday, August 1, 2024. A conference call is scheduled for 4:30 p.m. ET when Matt Cox, Chairman and Chief Executive Officer, and Joel Wine, Executive Vice President and Chief Financial Officer, will discuss Matson's second quarter results. Date of Conference Call: Thursday, August 1, 2024 Scheduled Time: 4:30 p.m. ET / 1:30 p.m. PT / 10:30 a.m. HT The conferenc

1Q24 EPS of $1.04 versus $0.94 in 1Q231Q24 Net Income of $36.1 million versus $34.0 million in 1Q231Q24 Consolidated Operating Income of $36.9 million versus $38.7 million in 1Q231Q24 EBITDA of $82.8 million versus $81.7 million in 1Q23Repurchased approximately 0.4 million shares in 1Q24Raising outlook for Full Year 2024 Consolidated Operating IncomeHONOLULU, April 30, 2024 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE:MATX), a leading U.S. carrier in the Pacific, today reported net income of $36.1 million, or $1.04 per diluted share, for the quarter ended March 31, 2024.  Net income for the quarter ended March 31, 2023 was $34.0 million, or $0.94 per diluted share.  Consoli

HONOLULU, April 16, 2024 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE:MATX), a leading U.S. carrier in the Pacific, today announced that it will release its financial results for the first quarter on Tuesday, April 30, 2024. A conference call is scheduled for 4:30 p.m. ET when Matt Cox, Chairman and Chief Executive Officer, and Joel Wine, Executive Vice President and Chief Financial Officer, will discuss Matson's first quarter results. Date of Conference Call: Tuesday, April 30, 2024 Scheduled Time: 4:30 p.m. ET / 1:30 p.m. PT / 10:30 a.m. HT The conference c

4Q23 EPS of $1.78Full Year 2023 EPS of $8.32Full Year 2023 Net Income and EBITDA of $297.1 million and $516.7 million, respectively2024 Consolidated Operating Income expected to approximate 2023 level1Q24 Consolidated Operating Income expected to be lower than 1Q23 levelHONOLULU, Feb. 20, 2024 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE:MATX), a leading U.S. carrier in the Pacific, today reported net income of $62.4 million, or $1.78 per diluted share, for the quarter ended December 31, 2023.  Net income for the quarter ended December 31, 2022 was $78.0 million, or $2.10 per diluted share.  Consolidated revenue for the fourth quarter 2023 was $788.9 million compared with $

Expects 4Q23 operating income for Ocean Transportation to be $61.0 to $66.0 millionExpects 4Q23 operating income for Logistics to be $8.0 to $9.0 millionExpects 4Q23 net income and diluted EPS to be $57.7 to $62.2 million and $1.65 to $1.78, respectivelyRepurchased approximately 0.5 million shares in 4Q23Announces fourth quarter earnings call date on February 20, 2024HONOLULU, Hawaii, Jan. 18, 2024 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE:MATX) today announces preliminary fourth quarter financial results, provides a business update and announces that its fourth quarter earnings call will be held on February 20, 2024.

2Q23 EPS of $2.262Q23 Net Income and EBITDA of $80.8 million and $140.5 million, respectivelyYear-over-year decrease in 2Q23 consolidated operating income driven primarily by lower contribution from China serviceRepurchased approximately 0.6 million shares in 2Q23HONOLULU, Aug. 1, 2023 /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 $2.26 per diluted share, for the quarter ended June 30, 2023.  Net income for the quarter ended June 30, 2022 was $380.7 million, or $9.49 per diluted share.  Consolidated revenue for the second quarter 2023 was $773.4 million compared with $1,261.1 million

Expects 2Q23 operating income for Ocean Transportation to be $78.0 to $83.0 millionExpects 2Q23 operating income for Logistics to be $13.5 to $14.5 millionExpects 2Q23 net income and diluted EPS to be $76.3 to $81.5 million and $2.14 to $2.28, respectivelyYear-over-year decrease in consolidated operating income driven primarily by lower contribution from China serviceRepurchased approximately 0.6 million shares in 2Q23Announces second quarter earnings call date on August 1, 2023HONOLULU, July 20, 2023 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE:MATX) today announces preliminary second quarter financial results, provides a business update and announces that its second quart

1Q23 EPS of $0.941Q23 Net Income and EBITDA of $34.0 million and $81.7 million, respectivelyYear-over-year decrease in 1Q23 consolidated operating income driven primarily by lower contribution from China serviceRepurchased approximately 0.7 million shares in 1Q23HONOLULU, May 4, 2023 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE:MATX), a leading U.S. carrier in the Pacific, today reported net income of $34.0 million, or $0.94 per diluted share, for the quarter ended March 31, 2023.  Net income for the quarter ended March 31, 2022 was $339.2 million, or $8.23 per diluted share.  Consolidated revenue for the first quarter 2023 was $704.8 million compared with $1,165.5 million

Expects 1Q23 operating income for Ocean Transportation to be $23.0 to $28.0 millionExpects 1Q23 operating income for Logistics to be $10.0 to $11.0 millionExpects 1Q23 net income and diluted EPS to be $29.3 to $33.8 million and $0.81 to $0.93, respectivelyYear-over-year decrease in consolidated operating income driven primarily by lower contribution from China serviceRepurchased approximately 0.7 million shares in 1Q23Announces first quarter earnings call date on May 4, 2023HONOLULU, April 19, 2023 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE:MATX) today announces preliminary first quarter financial results, provides a business update and announces that its first quarter ea

4Q22 EPS of $2.10Full Year 2022 EPS of $27.07Full Year 2022 Net Income and EBITDA of $1,063.9 million and $1,526.2 million, respectivelyYear-over-year decrease in 4Q22 consolidated operating income driven primarily by lower contribution from China serviceRepurchased approximately 1.5 million shares and 5.0 million shares in 4Q22 and full year 2022, respectivelyHONOLULU , Feb. 21, 2023 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE:MATX), a leading U.S. carrier in the Pacific, today reported net income of $78.0 million, or $2.10 per diluted share, for the quarter ended December 31, 2022.  Net income for the quarter ended December 31, 2021 was $394.5 million, or $9.39 per dilut

Expects 4Q22 operating income for Ocean Transportation to be $70.0 to $80.0 millionExpects 4Q22 operating income for Logistics to be $12.0 to $13.0 millionExpects 4Q22 net income and diluted EPS to be $69.9 to $74.8 million and $1.88 to $2.01, respectivelyYear-over-year decrease in consolidated operating income driven primarily by lower contribution from China serviceRepurchased approximately 1.5 million shares in 4Q22Announces fourth quarter earnings call date on February 21, 2023HONOLULU, Jan. 18, 2023 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE:MATX) today announces preliminary fourth quarter financial results, provides a business update and announces that its fourth qu

3Q22 EPS of $6.893Q22 Net Income and EBITDA of $266.0 million and $377.4 million, respectivelyYear-over-year decrease in consolidated operating income driven primarily by lower volume in China serviceRepurchased approximately 1.1 million shares in 3Q22Signed $1 billion in vessel construction contracts for three new LNG-ready Aloha Class containershipsHONOLULU, Nov. 2, 2022 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE:MATX), a leading U.S. carrier in the Pacific, today reported net income of $266.0 million, or $6.89 per diluted share, for the quarter ended September 30, 2022.  Net income for the quarter ended September 30, 2021 was $283.2 million, or $6.53 per diluted share.

Expects 3Q22 operating income for Ocean Transportation to be $310.0 to $315.0 millionExpects 3Q22 operating income for Logistics to be $19.0 to $20.0 millionExpects 3Q22 net income and diluted EPS to be $257.3 to $262.0 million and $6.67 to $6.79, respectivelyYear-over-year decrease in consolidated operating income driven primarily by lower volume in China serviceRepurchased approximately 1.1 million shares in 3Q22Announces third quarter earnings call date on November 2, 2022HONOLULU, Oct. 17, 2022 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE:MATX) today announces preliminary third quarter financial results, provides a business update and announces that its third quarter ea

2Q22 EPS of $9.492Q22 Net Income and EBITDA of $380.7 million and $536.0 million, respectivelyYear-over-year increase in 2Q22 consolidated operating income driven by China service strengthRepurchased approximately 1.6 million shares in 2Q22HONOLULU, Aug. 1, 2022 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE:MATX), a leading U.S. carrier in the Pacific, today reported net income of $380.7 million, or $9.49 per diluted share, for the quarter ended June 30, 2022.  Net income for the quarter ended June 30, 2021 was $162.5 million, or $3.71 per diluted share.  Consolidated revenue for the second quarter 2022 was $1,261.1 million compared with $874.9 million for the second quarter

Expects 2Q22 operating income for Ocean Transportation to be $465.0 to $470.0 millionExpects 2Q22 operating income for Logistics to be $22.5 to $23.5 millionExpects 2Q22 net income and diluted EPS to be $373.3 to $377.9 million and $9.31 to $9.42, respectivelyYear-over-year increase in consolidated operating income driven by China service strengthRepurchased approximately 1.6 million shares in 2Q22Announces second quarter earnings call date on August 1, 2022HONOLULU, July 19, 2022 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE:MATX) today announces preliminary second quarter financial results, provides a business update and announces that its second quarter earnings call will

1Q22 EPS of $8.231Q22 Net Income and EBITDA of $339.2 million and $476.4 million, respectivelyYear-over-year increase in 1Q22 consolidated operating income driven primarily by China service strengthRepurchased approximately 0.7 million shares in 1Q22HONOLULU, May 3, 2022 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE:MATX), a leading U.S. carrier in the Pacific, today reported net income of $339.2 million, or $8.23 per diluted share, for the quarter ended March 31, 2022.  Net income for the quarter ended March 31, 2021 was $87.2 million, or $1.99 per diluted share.  Consolidated revenue for the first quarter 2022 was $1,165.5 million compared with $711.8 million for the first

Expects 1Q22 operating income for Ocean Transportation to be $410.0 to $415.0 millionExpects 1Q22 operating income for Logistics to be $16.0 to $17.0 millionExpects 1Q22 net income and diluted EPS to be $329.5 to $338.0 million and $8.00 to $8.20, respectivelyYear-over-year increase in consolidated operating income driven primarily by China service strengthRepurchased approximately 0.7 million shares in 1Q22Announces first quarter earnings call date on May 3, 2022HONOLULU, April 19, 2022 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE:MATX) today announces preliminary first quarter financial results, provides a business update and announces that its first quarter earnings call

HONOLULU, Feb. 17, 2022 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE:MATX), a leading U.S. carrier in the Pacific, today reported net income of $394.5 million, or $9.39 per diluted share, for the quarter ended December 31, 2021.  Net income for the quarter ended December 31, 2020 was $85.6 million, or $1.96 per diluted share.  Consolidated revenue for the fourth quarter 2021 was $1,267.0 million compared with $700.1 million for the fourth quarter 2020. For the twelve months ended December 31, 2021, Matson reported net income of $927.4 million

HONOLULU, Jan. 19, 2022 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE:MATX) today announces preliminary fourth quarter financial results, provides a business update and announces that its fourth quarter earnings call will be held on February 17, 2022. "Matson finished off a strong year with continued improvement in economic and business trends in our markets driving solid performance in both Ocean Transportation and Logistics," said Chairman and Chief Executive Officer Matt Cox.  "Within Ocean Transportation, our China service continued to see significant dema

HONOLULU, Nov. 3, 2021 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE:MATX), a leading U.S. carrier in the Pacific, today reported net income of $283.2 million, or $6.53 per diluted share, for the quarter ended September 30, 2021.  Net income for the quarter ended September 30, 2020 was $70.9 million, or $1.63 per diluted share.  Consolidated revenue for the third quarter 2021 was $1,071.6 million compared with $645.2 million for the third quarter 2020. "The strong economic and business trends we saw in the second quarter continued in the third quarter resultin

HONOLULU, Oct. 11, 2021 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE:MATX) today announces preliminary third quarter financial results, provides a business update and announces that its third quarter earnings call will be held on November 3, 2021. "The strong economic and business trends we saw in the second quarter continued in the third quarter resulting in solid performance in both Ocean Transportation and Logistics," said Chairman and Chief Executive Officer Matt Cox.  "Within Ocean Transportation, our China service continued to see significant demand for

HONOLULU, July 29, 2021 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE:MATX), a leading U.S. carrier in the Pacific, today reported net income of $162.5 million, or $3.71 per diluted share, for the quarter ended June 30, 2021.  Net income for the quarter ended June 30, 2020 was $32.8 million, or $0.76 per diluted share.  Consolidated revenue for the second quarter 2021 was $874.9 million compared with $524.1 million for the second quarter 2020. "Matson's Ocean Transportation and Logistics businesses continued to perform well in the second quarter as the U.S. ec

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 2020. "Matson is off to a strong start to 2021 with continued solid performance in both Ocean Transportation and Logistics,"

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 quarter 2019. For the twelve months ended December 31, 2020, Matson reported net income of $193.1 million, or $4.44 per diluted share compared with $82.7 million, or $1.91 per diluted share in 2019.  Consolidated revenue for the twelve month