secwatch.observer — SEC 8-K summary
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Issuer:     Matson, Inc. (MATX)
CIK:        0000003453
Form:       8-K
Filed at:   2022-07-19T23:59:59+00:00
Accession:  0001558370-22-010831
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Matson preliminary Q2 2022 EPS $9.31-9.42; operating income nearly double YoY on China strength
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- Ocean Transportation op. income $465-470M vs $201M in Q2 2021; Logistics $22.5-23.5M vs $12.9M.
- Diluted EPS $9.31-9.42 vs $3.71 prior year; net income $373-378M.
- China volume +11.7% YoY, 4 more eastbound voyages; Alaska +12.2%.
- Repurchased 1.6M shares for $138.1M in Q2; remaining repurch. auth. ~1.2M shares.
- CEO: Transpacific rates likely peaked; expect orderly market with vessels at/near capacity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/3453/000155837022010831/0001558370-22-010831-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/3453/000155837022010831/matx-20220719x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-010831

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer