secwatch.observer — SEC 8-K summary
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Issuer:     Matson, Inc. (MATX)
CIK:        0000003453
Form:       8-K
Filed at:   2024-01-18T23:59:59+00:00
Accession:  0001558370-24-000359
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Matson preliminary Q4 2023 EPS $1.65-$1.78; Ocean Transportation operating income $61M-$66M
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- Net income expected $57.7M-$62.2M; diluted EPS $1.65-$1.78.
- Ocean Transportation operating income $61M-$66M; Logistics $8M-$9M.
- China container volume up 23.3% YoY; Hawaii down 1.9%, Alaska down 0.6%.
- Repurchased ~0.5M shares for $47.9M in Q4; remaining authorization ~2.5M shares.
- Effective tax rate ~26.0%, higher than prior ~23% forecast due to discrete items.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/3453/000155837024000359/0001558370-24-000359-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/3453/000155837024000359/matx-20240118x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-000359

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