secwatch.observer — SEC 8-K summary
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Issuer:     Matson, Inc. (MATX)
CIK:        0000003453
Form:       8-K
Filed at:   2024-04-30T23:59:59+00:00
Accession:  0001558370-24-006268
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/3453/000155837024006268/0001558370-24-006268-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/3453/000155837024006268/matx-20240430x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-006268

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