Welcome to our dedicated page for Matson news (Ticker: $MATX), a resource for investors and traders seeking the latest updates and insights on Matson stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Matson's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Matson's position in the market.
On May 15, 2024, Matson announced that Joel Wine, Executive Vice President and CFO, will attend the Wolfe Global Transportation & Industrials Conference in New York on May 22, 2024. Presentation slides will be available on Matson's website under the Investors section on the same day.
Matson, Inc. announced its first quarter 2024 results with a net income of $36.1 million, EPS of $1.04, and consolidated revenue of $722.1 million. The company repurchased shares, raised its outlook for full-year 2024 operating income, and expects modest growth in various segments. Ocean Transportation performed well, but Logistics faced market challenges.