---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-012010"
form_type: "8-K"
ticker: "MATX"
cik: "0000003453"
company_name: "Matson, Inc."
filed_at: "2023-07-20T23:59:59+00:00"
generated_at: "2026-06-13T05:53:01.820913+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Matson prelim Q2 EPS $2.14-$2.28; op income down YoY on China service weakness

## Summary
- Expects Q2 operating income of $78-83M for Ocean Transportation, $13.5-14.5M for Logistics.
- Net income $76.3-81.5M, diluted EPS $2.14-2.28 vs prior year decrease from lower China freight.
- FEU volumes fell YoY: Hawaii -7.1%, Alaska -7.2%, China -24.6%, Guam -7.5%, Other -29.0%.
- Repurchased ~0.6M shares for $42.4M in Q2; ~3.3M shares remain under program.
- Earnings call set for August 1, 2023; management expects muted peak season but China near full.

## SEC filing metadata
- accession: 0001558370-23-012010
- form_type: 8-K
- ticker: MATX
- cik: 0000003453
- company_name: Matson, Inc.
- filed_at: 2023-07-20T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/3453/000155837023012010/0001558370-23-012010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/3453/000155837023012010/matx-20230720x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-012010
- JSON: https://secwatch.observer/filing/0001558370-23-012010.json
- Plain text: https://secwatch.observer/filing/0001558370-23-012010.txt

## Key facts
- Earnings Releases
  Matson, Inc. reported the quarter ended June 30, 2023 results: net income Expects 2Q23 net income and diluted EPS to be $76.3 to $81.5 million and $2.14 to $2.28, EPS Expects 2Q23 net income and diluted EPS to be $76.3 to $81.5 million and $2.14 to $2.28.
  - Period: the quarter ended June 30, 2023
  - Net income: Expects 2Q23 net income and diluted EPS to be $76.3 to $81.5 million and $2.14 to $2.28
  - EPS: Expects 2Q23 net income and diluted EPS to be $76.3 to $81.5 million and $2.14 to $2.28
  - Result: preliminary results
  source text: On July 20, 2023, Matson, Inc. (the “Company”) issued a press release announcing the Company’s preliminary earnings for the quarter ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/3453/000155837023012010/0001558370-23-012010-index.htm

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