secwatch.observer — SEC 8-K summary
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Issuer:     Matson, Inc. (MATX)
CIK:        0000003453
Form:       8-K
Filed at:   2023-02-21T23:59:59+00:00
Accession:  0001558370-23-001634
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Matson Q4 EPS $2.10 (down 78% YoY); China volume -47%; full year net income $1.06B
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- Q4 2022 EPS $2.10, net income $78.0M; prior year Q4 EPS $9.39, net income $394.5M.
- Full year 2022 EPS $27.07, net income $1,063.9M, EBITDA $1,526.2M.
- China container volume fell 47.2% YoY in Q4; average freight rates lower.
- Hawaii container volume down 13.0% YoY; Alaska down 7.7%; Guam down 14.0%.
- Repurchased 5.0M shares in 2022 for $397M; declared $0.31 dividend payable March 2, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/3453/000155837023001634/0001558370-23-001634-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/3453/000155837023001634/matx-20230221x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-001634

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