---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-006268"
form_type: "8-K"
ticker: "MATX"
cik: "0000003453"
company_name: "Matson, Inc."
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T04:55:45.223049+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Matson Q1: EPS $1.04, revenue $722.1M, raises FY operating income outlook

## Summary
- Q1 2024 EPS $1.04 vs $0.94; net income $36.1M vs $34.0M; revenue $722.1M vs $704.8M.
- Ocean Transportation op income $27.6M (flat YoY); Logistics op income $9.3M (-14.7% YoY).
- FY 2024 consolidated operating income guidance raised to modestly higher than 2023's $342.8M.
- Repurchased 0.4M shares for $48.9M; declared $0.32/share dividend payable June 6, 2024.
- Received $118.6M tax refund plus $10.2M interest; FY 2024 interest income expected ~$45M.

## SEC filing metadata
- accession: 0001558370-24-006268
- form_type: 8-K
- ticker: MATX
- cik: 0000003453
- company_name: Matson, Inc.
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/3453/000155837024006268/0001558370-24-006268-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/3453/000155837024006268/matx-20240430x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-006268
- JSON: https://secwatch.observer/filing/0001558370-24-006268.json
- Plain text: https://secwatch.observer/filing/0001558370-24-006268.txt

## Key facts
- Earnings Releases
  Matson, Inc. reported three months ended March 31, 2024 results: revenue $722.1 million, net income $36.1 million, EPS $1.04.
  - Period: three months ended March 31, 2024
  - Revenue: $722.1 million
  - Net income: $36.1 million
  - EPS: $1.04
  - Result: reported results
  source text: Matson, Inc. (“Matson” or the “Company”) (NYSE: MATX), a leading U.S. carrier in the Pacific, today reported net income of $36.1 million, or $1.04 per diluted share, for the quarter ended March 31, 2024. Net income for the quarter ended March 31, 2023 was $34.0 million, or $0.94 per diluted share. Consolidated revenue for the first quarter 2024 was $722.1 million compared with $704.8 million for the first quarter 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/3453/000155837024006268/0001558370-24-006268-index.htm
- Earnings Releases
  Matson, Inc. updated its fiscal year ending December 31, 2024 guidance (raised).
  - Period: fiscal year ending December 31, 2024
  - Guidance: raised
  - Result: guidance update
  source text: As such, we now expect full year consolidated operating income to be modestly higher than the level achieved in 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/3453/000155837024006268/0001558370-24-006268-index.htm

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