|Bid||40.00 x 900|
|Ask||40.05 x 800|
|Day's Range||39.59 - 40.39|
|52 Week Range||23.75 - 42.15|
|Beta (5Y Monthly)||1.21|
|PE Ratio (TTM)||19.68|
|Earnings Date||Nov 05, 2020 - Nov 09, 2020|
|Forward Dividend & Yield||0.92 (2.27%)|
|Ex-Dividend Date||Aug 05, 2020|
|1y Target Est||45.67|
Matson (MATX) delivered earnings and revenue surprises of 2.70% and -11.15%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
Matson, Inc. ("Matson" or the "Company") (NYSE: MATX), a leading U.S. carrier in the Pacific, today reported net income of $32.8 million, or $0.76 per diluted share, for the quarter ended June 30, 2020. Net income for the quarter ended June 30, 2019 was $18.4 million, or $0.43 per diluted share. Consolidated revenue for the second quarter 2020 was $524.1 million compared with $557.9 million for the second quarter 2019.
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