Matson expects 2q20 net income and diluted eps to be $30.4 to $32.6 mln and $0.70 to $0.75, respectively

Matson announces preliminary 2q20 results, provides business update and announces 2q20 earnings call date.matson inc - expects 2q20 operating income for ocean transportation to be $40.5 to $42.5 million versus. $19.7 million in 2q19.matson inc - expects 2q20 operating income for logistics to be $8.0 to $9.0 million versus. $11.3 million in 2q19.matson inc - expects 2q20 net income and diluted eps to be $30.4 to $32.6 million and $0.70 to $0.75, respectively.matson inc - allowable borrowings of approximately $425 million at quarter end.matson inc - total debt decreased by $34.9 million during three months to $890.0 million as of june 30, 2020.
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