Matson

Matson, Inc. is a holding company, which engages in the provision of logistics and transportation services. It operates through the Ocean Transportation and Logistics segments. The Ocean Transportation segment offers ocean freight transportation, container stevedoring, refrigerated cargo services, inland transportation, and other terminal services. The Logistics segment includes domestic and international rail intermodal services, regional highway brokerage, specialized hauling, expedited freight operations, supply chain management, storage, and distribution services. The company was founded in 1882 by William Matson and is headquartered in Honolulu, HI.

Earnings data Q1 2021

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Earnings data Q4 2024

Matson maintains financial stability amidst volume challenges, eyes post-pandemic growth

Matson's Q4 2022 performance reflected challenges in container volumes but maintained financial stability and shareholder returns.
The company faces short-term uncertainties but anticipates improved trade dynamics and growth opportunities post-pandemic.
With a focus on competitive rates, financial strength, and strategic opportunities, Matson aims for sustained performance and shareholder value.
Investors advised to evaluate future performance based on volume and price assumptions rather than fixed margins for a comprehensive analysis.

Matson maintains resilience amidst lower volumes and freight rates

Matson's Q1 2023 performance showcased resilience in challenging market conditions, with a focus on cost efficiency and operational excellence. While facing lower volumes and freight rates in certain services, the company remains vigilant in managing expenses and exploring growth opportunities. Challenges include revenue declines in joint ventures and the need to navigate potential costly charter swaps.

Matson faces challenges but anticipates improved performance and growth

Matson navigated challenges in Q2 2023 but showcased strengths in achieving rate premiums and stable demand for its services.
The company anticipates improved performance in the second half of 2023, especially in Hawaii, and expects higher consolidated operating income.
Despite lower volumes in various segments, Matson's positive outlook on performance and potential earnings generation signal resilience and growth.
Opportunities in China services, Hawaii's economy, and financial strategies position Matson for future success and value creation.

Matson reports resilient Q3 performance amidst economic challenges

Matson navigated challenging economic conditions in Q3 2023, with strengths in China service and Hawaii container volume. Despite facing challenges like lower operating income and decreased container volumes in Guam and Alaska, the company remains focused on shareholder returns and anticipates improved performance in the upcoming quarters.

Matson reports robust Q4 performance, eyes growth amid regional challenges

Matson demonstrated strong performance in Ocean Transportation and Logistics but faced challenges in certain regional container volumes.
Opportunities lie in the predicted growth of Hawaii's economy, increased volume in Guam, and stable consumer spending for 2024.
Challenges include lower operating income expectations for Q1 2024 and declines in Hawaii container volume.

Matson reports steady Q1 performance, raises outlook for 2024

Matson's Q1 2024 performance was marked by stable Ocean Transportation, challenges in Logistics, and an overall slight decrease in consolidated operating income. However, raised full-year outlook, increased contributions from SSAT, and positive net income growth indicate resilience and potential for growth.

Matson reports robust Q2 performance, eyes China growth amid challenges

Matson's Q2 2024 earnings call highlighted strong performance in key segments, with a focus on the China service driving operating income growth. While facing challenges in certain regional volumes, the company remains optimistic about long-term opportunities and strategic initiatives to drive growth and profitability.

Matson reports robust Q3 earnings, eyes China growth and fleet expansion

Matson's Q3 performance reflects robust growth in operating income, strategic capital management, and diversified revenue streams.
While facing challenges in certain regional container volumes, Matson's focus on shareholder value and operational efficiency positions it well for future growth.
Opportunities lie in optimizing China service operations, fleet modernization, and enhancing market positioning through differentiated value propositions.
Overall, Matson's strong financial performance, commitment to shareholders, and strategic initiatives bode well for its future growth and competitiveness.

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Zacks.com users have recently been watching Matson (MATX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Is Most-Watched Stock Matson, Inc. (MATX) Worth Betting on Now?

A pickup in manufacturing activity in China has increased the demand for ocean transportation, Matson reported during its quarterly earnings call. The container shipping and logistics company, which is a leading United States carrier in the Pacific, reported that for the quarter ended June 30, its ocean transportation segment's revenue increased 53.6% year over year.

Matson Sees Shipping Pick up Steam as Chinese Factories Restart

Matson, Inc. (NYSE:MATX ) Q2 2022 Results Conference Call August 1, 2022 4:30 PM ET Company Participants Lee Fishman - Senior Director of Investor Relations Matt Cox - Chairman & Chief Executive Officer Joel Wine - Executive Vice President & Chief Financial Officer Conference Call Participants Jack Atkins - Stephens Ben Nolan - Stifel Operator Welcome to the Matson Second Quarter 2022 Financial Results Conference Call. At this time, all participants are in a listen-only mode.

Matson, Inc. (MATX) CEO Matt Cox on Q2 2022 Results - Earnings Call Transcript

Matson (MATX) delivered earnings and revenue surprises of 1.17% and 6.45%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Matson (MATX) Q2 Earnings Surpass Estimates

2Q22 EPS of $9.49 2Q22 Net Income and EBITDA of $380.7 million and $536.0 million, respectively Year-over-year increase in 2Q22 consolidated operating income driven by China service strength Repurchased approximately 1.6 million shares in 2Q22 HONOLULU , Aug. 1, 2022 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX), a leading U.S. carrier in the Pacific, today reported net income of $380.7 million, or $9.49 per diluted share, for the quarter ended June 30, 2022.  Net income for the quarter ended June 30, 2021 was $162.5 million, or $3.71 per diluted share.

MATSON, INC. ANNOUNCES SECOND QUARTER 2022 RESULTS

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Annual Publication Details Progress on Environmental, Social, Governance Goals HONOLULU , July 25, 2022 /PRNewswire/ -- Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, has published its 2021 Sustainability Report that describes the company's progress toward achieving its environmental, social and governance goals. "Matson devoted more resources than ever to serving the needs of our customers, employees and communities.

MATSON PUBLISHES 2021 SUSTAINABILITY REPORT

Matson (MATX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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On Thursday, Matson got an upgrade for its IBD SmartSelect Composite Rating from 93 to 96. The post Stocks With Rising Composite Ratings: Matson appeared first on Investor's Business Daily.

Stocks With Rising Composite Ratings: Matson

Expects 2Q22 operating income for Ocean Transportation to be $465.0 to $470.0 million Expects 2Q22 operating income for Logistics to be $22.5 to $23.5 million Expects 2Q22 net income and diluted EPS to be $373.3 to $377.9 million and $9.31 to $9.42, respectively Year-over-year increase in consolidated operating income driven by China service strength Repurchased approximately 1.6 million shares in 2Q22 Announces second quarter earnings call date on August 1, 2022 HONOLULU , July 19, 2022 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX) today announces preliminary second quarter financial results, provides a business update and announces that its second quarter earnings call will be held on August 1, 2022. "Matson performed well in the second quarter 2022 with higher year-over-year operating income in both Ocean Transportation and Logistics," said Chairman and Chief Executive Officer Matt Cox.

MATSON ANNOUNCES PRELIMINARY 2Q22 RESULTS, PROVIDES BUSINESS UPDATE AND ANNOUNCES 2Q22 EARNINGS CALL DATE

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Matson, Inc. a provider of ocean transport and logistical services leverages its network of asset-based services through ocean services, warehouses and intermodal containers. Matson's share price is trending at 42.63% below its 52-week high of $125.34 attained at the end of March 2022.

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The heavy selling pressure might have exhausted for Matson (MATX) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

After Plunging 21.1% in 4 Weeks, Here's Why the Trend Might Reverse for Matson (MATX)

HONOLULU , June 22, 2022 /PRNewswire/ -- The Board of Directors of Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, today declared a third quarter dividend of $0.31 per common share.  The dividend represents a one-cent, or 3.3%, increase over the previous quarter's dividend and will be paid on September 1, 2022 to all shareholders of record as of the close of business on August 4, 2022.

MATSON INCREASES QUARTERLY DIVIDEND TO $0.31 PER SHARE

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News for Matson Stock (MATX)