---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-006227"
form_type: "8-K"
ticker: "MATX"
cik: "0000003453"
company_name: "Matson, Inc."
filed_at: "2023-04-19T23:59:59+00:00"
generated_at: "2026-06-16T23:57:03.839244+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Matson reports preliminary Q1 2023 diluted EPS $0.81-$0.93, down YoY on lower China volumes

## Summary
- Preliminary net income $29.3-$33.8M; diluted EPS $0.81-$0.93.
- Ocean Transportation operating income $23-$28M; Logistics $10-$11M; consolidated operating income down YoY.
- China container volume fell 35.4% YoY; Hawaii -0.8%, Alaska -4.8%, Guam -10.9%.
- Repurchased ~0.7M shares in Q1 for $41.8M; ~0.9M shares remain in program.
- Prepaid $26.4M of Title XI debt; cash $88.0M, total debt $476.7M.

## SEC filing metadata
- accession: 0001558370-23-006227
- form_type: 8-K
- ticker: MATX
- cik: 0000003453
- company_name: Matson, Inc.
- filed_at: 2023-04-19T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/3453/000155837023006227/0001558370-23-006227-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/3453/000155837023006227/matx-20230419x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-006227
- JSON: https://secwatch.observer/filing/0001558370-23-006227.json
- Plain text: https://secwatch.observer/filing/0001558370-23-006227.txt

## Key facts
- Earnings Releases
  Matson, Inc. reported 1Q23 results: net income $29.3 to $33.8 million, EPS $0.81 to $0.93.
  - Period: 1Q23
  - Net income: $29.3 to $33.8 million
  - EPS: $0.81 to $0.93
  - Result: preliminary results
  source text: Matson, Inc. (the “Company”) issued a press release announcing the Company’s preliminary earnings for the quarter ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/3453/000155837023006227/0001558370-23-006227-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.