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Matson, Inc. (MATX) Q4 2024 Earnings Call Transcript

Matson (MATX) came out with quarterly earnings of $3.80 per share, beating the Zacks Consensus Estimate of $3.20 per share. This compares to earnings of $1.78 per share a year ago.

4Q24 EPS of $3.80 Full Year 2024 EPS of $13.93 Full Year 2024 Net Income and EBITDA of $476.4 million and $738.9 million, respectively 1Q25 Consolidated Operating income expected to be meaningfully higher year-over-year 2025 Consolidated Operating Income dependent on timing of Red Sea normalization and other factors HONOLULU , 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.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

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.

HONOLULU , Feb. 4, 2025 /PRNewswire/ -- Matson, Inc. (NYSE: MATX) announced today that Matt Cox, Chairman and Chief Executive Officer will be attending the Stifel 2025 Transportation & Logistics Conference to be held on February 11, 2025 in Miami, Florida. Matson will provide access to the presentation slides on its website on February 11, 2025.

Matson (MATX) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

HONOLULU , Jan. 23, 2025 /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 $0.34 per common share.  The dividend will be paid on March 6, 2025 to all shareholders of record as of the close of business on February 6, 2025.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Matson (MATX) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.