NYSE$MATX
Matson Inc. · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Matson's third quarter 2020 earnings were announced, demonstrating strong performance driven by the China service.
Matson, Inc. reported a net income of $70.9 million, or $1.63 per diluted share, for the quarter ended September 30, 2020, compared to $36.2 million, or $0.84 per diluted share, for the quarter ended September 30, 2019. Consolidated revenue for the third quarter 2020 was $645.2 million compared with $572.1 million for the third quarter 2019. The China service was the primary driver of the increase in consolidated operating income year-over-year.
- 3Q20 EPS reached $1.63, compared to $0.84 in 3Q19.
- 3Q20 net income was $70.9 million, against $36.2 million in 3Q19.
- 3Q20 EBITDA totaled $134.7 million, versus $89.1 million in 3Q19.
- The year-over-year increase in consolidated operating income was primarily driven by the strength of the China service.
Headline financials
Revenue & EPS history
Matson · Revenue · Quarterly
$645M
Revenue by segment
Matson · $498M total across 1 segment · Q3 2020
- Ocean Transportation$498M—100.0%
Forward guidance
For the fourth quarter of 2020, the Company expects its businesses to continue to perform well and to generate strong financial results.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2020
-0.7%
Avg return
Earnings day
+0.6%
Avg return
5 days after
+1.0%
Avg return
30 days after
49%
34 / 69 earnings
Positive
+15.2%
Q3 2024
Best reaction
-15.3%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +9.7% | +7.0% | +9.2% | |
| Q4 2025 | +1.0% | +2.5% | -5.4% | |
| Q3 2025 | -1.4% | -0.4% | +10.7% | |
| Q1 2025 | -15.3% | -12.6% | +1.8% | |
| Q4 2024 | +1.7% | -0.9% | -10.1% | |
| Q3 2024 | +15.2% | +15.9% | +14.0% | |
| Q2 2024 | -0.9% | -2.4% | +4.2% | |
| Q1 2024 | -4.1% | +3.1% | +12.5% | |
| Q4 2023 | -2.4% | -0.6% | -7.4% | |
| Q3 2023 | -2.3% | -0.5% | +5.6% | |
| Q2 2023 | +1.1% | +2.5% | -6.0% | |
| Q1 2023 | +4.9% | +1.8% | +12.8% | |
| Q4 2022 | -7.8% | -3.4% | -15.3% | |
| Q3 2022 | -10.0% | -4.8% | -13.9% | |
| Q2 2022 | -9.1% | -9.5% | -19.6% | |
| Q1 2022 | +6.3% | +2.0% | +3.1% | |
| Q4 2021 | +9.7% | +15.5% | +35.9% | |
| Q3 2021 | +8.5% | +9.4% | -2.4% | |
| Q2 2021 | +3.7% | +8.7% | +21.8% | |
| Q1 2021 | -1.6% | -3.5% | -5.9% | |
| Q4 2020 | -4.4% | -8.7% | -11.5% | |
| Q3 2020 | +10.8% | +7.0% | +11.6% | |
| Q2 2020 | +6.4% | +10.5% | +11.7% | |
| Q1 2020 | -7.1% | -3.2% | +9.5% | |
| Q4 2019 | -12.0% | -10.5% | -12.8% | |
| Q3 2019 | -2.1% | -0.6% | -4.5% | |
| Q2 2019 | -3.1% | -4.0% | +1.3% | |
| Q1 2019 | +0.7% | -1.3% | -6.8% | |
| Q4 2018 | -2.8% | +3.1% | -1.4% | |
| Q3 2018 | +14.3% | +12.7% | +5.2% | |
| Q2 2018 | +2.5% | +1.7% | +5.9% | |
| Q1 2018 | +5.9% | +6.8% | +17.1% | |
| Q4 2017 | -14.6% | -14.9% | -16.8% | |
| Q3 2017 | +6.8% | +5.4% | +7.7% | |
| Q2 2017 | +3.1% | +6.6% | -11.0% | |
| Q1 2017 | +4.2% | +1.2% | -4.1% | |
| Q4 2016 | -8.6% | -7.3% | -14.6% | |
| Q3 2016 | -12.3% | -8.3% | -2.4% | |
| Q2 2016 | -4.7% | -3.5% | +9.3% | |
| Q1 2016 | -12.7% | — | — | |
| Q4 2015 | -5.8% | — | — | |
| Q3 2015 | +9.2% | — | — | |
| Q2 2015 | +6.0% | — | — | |
| Q1 2015 | +3.1% | — | — | |
| Q4 2014 | +7.6% | — | — | |
| Q3 2014 | +4.3% | — | — | |
| Q2 2014 | -2.7% | — | — | |
| Q1 2014 | -6.1% | — | — | |
| Q4 2013 | -3.7% | — | — | |
| Q3 2013 | -13.6% | — | — | |
| Q2 2013 | +0.0% | — | — | |
| Q1 2013 | +7.6% | — | — | |
| Q4 2012 | -0.5% | — | — | |
| Q3 2012 | +3.7% | — | — | |
| Q2 2012 | +3.7% | — | — | |
| Q1 2012 | -1.1% | — | — | |
| Q4 2011 | +2.8% | — | — | |
| Q1 2009 | -8.2% | — | — | |
| Q4 2008 | -8.2% | — | — | |
| Q3 2011 | -8.8% | — | — | |
| Q2 2011 | -7.1% | — | — | |
| Q1 2010 | -8.1% | — | — | |
| Q1 2011 | -8.1% | — | — | |
| Q4 2010 | +1.8% | — | — | |
| Q3 2009 | +0.4% | — | — | |
| Q3 2010 | +0.4% | — | — | |
| Q4 2009 | +1.3% | — | — | |
| Q2 2009 | +1.3% | — | — | |
| Q2 2010 | +1.3% | — | — |
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