Matson: Fourth Quarter Financial Overview

Matson Inc. Announces Fourth Quarter Financial Results

Matson Inc., headquartered in Honolulu, revealed on Tuesday that it earned $143.1 million in net income during the fourth quarter.

Earnings per share for the period reached $4.60, according to the company.

The provider of ocean shipping and logistics solutions reported quarterly revenue totaling $851.9 million.

For the full year, Matson achieved a profit of $444.8 million, translating to $13.81 per share, with annual revenue amounting to $3.34 billion.

This article was produced by Automated Insights using information from Zacks Investment Research. For more details, view the Zacks stock report on MATX.