Matson reports third quarter results

Matson, inc. announces third quarter 2019 results; maintains full year 2019 operating income outlook.q3 earnings per share $0.84.q3 revenue $572.1 million versus refinitiv ibes estimate of $576 million.q3 earnings per share estimate $0.83 -- refinitiv ibes data.sees q3 2019 earnings per share $0.84.in quarter for ocean transportation, china tradelane service performed well but saw continued weakness in hawaii market.in quarter for ocean transportation, experienced softer-than-expected volume in alaska service.expects 2019 ocean transportation operating income to be about 25 percent lower than $131.1 million achieved in 2018.expects net income in 2019 to decline year-over-year.expects ebitda in 2019 to be approximately $270 million.
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