MATX Stock Recent News

Matson (MATX) is the featured stock from this month's Dividend Growth Stocks Model Portfolio.

Matson, Inc. (NYSE:MATX ) Q1 2023 Earnings Conference Call May 4, 2023 4:30 PM ET Company Participants Lee Fishman – Investor Relations Matt Cox – Chairman and Chief Executive Officer Joel Wine – Executive Vice President and Chief Financial Officer Conference Call Participants Jack Atkins – Stephens Jake Lacks – Wolfe Research Ben Nolan – Stifel Operator Good day and thank you for standing by. Welcome to the Matson First Quarter 2023 Financial Results Conference Call.

Matson (MATX) came out with quarterly earnings of $0.94 per share, beating the Zacks Consensus Estimate of $0.89 per share. This compares to earnings of $8.23 per share a year ago.

Expects 1Q23 operating income for Ocean Transportation to be $23.0 to $28.0 million Expects 1Q23 operating income for Logistics to be $10.0 to $11.0 million Expects 1Q23 net income and diluted EPS to be $29.3 to $33.8 million and $0.81 to $0.93, respectively Year-over-year decrease in consolidated operating income driven primarily by lower contribution from China service Repurchased approximately 0.7 million shares in 1Q23 Announces first quarter earnings call date on May 4, 2023 HONOLULU , April 19, 2023 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX) today announces preliminary first quarter financial results, provides a business update and announces that its first quarter earnings call will be held on May 4, 2023. "Despite being down from the extraordinary pandemic driven demand level over the last two years, Matson's Ocean Transportation and Logistics business segments performed well in a challenging business environment," said Chairman and Chief Executi

Matson, Inc. (NYSE:MATX ) Q4 2022 Earnings Conference Call February 21, 2023 4:30 PM ET Company Participants Lee Fishman - Senior Director of IR Matthew Cox - Chairman and CEO Joel Wine - EVP and CFO Conference Call Participants Jack Atkins - Stephens Jacob Lacks - Wolfe Research Operator Good day and thank you for standing by. Welcome to the Matson Fourth Quarter 2022 Financial Results Conference Call.

Matson (MATX) delivered earnings and revenue surprises of 6.60% and 1.21%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Ocean-freight shipping company Matson Inc. MATX, +0.13% on Wednesday reported a preliminary fourth-quarter profit that was below expectations, as a drop-off in demand for goods leads to a drop-off in demand for the companies that ship them on the water. The Honolulu-based company, whose container ships and other vessels sail between the West Coast and Asia, said it expected to earn between $1.88 and $2.01 a share for the fourth quarter.

Matson's lower earnings partly contributed to the company's termination of its temporary CCX service in the beginning of Q3 2022. Matson saw its Hawaii container volume decline by 7.1% (YoY) even as its Alaska volume increased by 10.6%.

Matson (MATX) delivered earnings and revenue surprises of 2.07% and 5.94%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Matson, Inc. (NYSE:MATX ) Q3 2022 Earnings Conference Call November 2, 2022 4:30 PM ET Company Participants Lee Fishman - Senior Director of Investor Relations Matthew Cox - Chairman and Chief Executive Officer Joel Wine - Executive Vice President and Chief Financial Officer Conference Call Participants Jack Atkins - Stephens Macalla Rogers - Stifel Operator Good day and thank you for standing by. Welcome to the Matson Third Quarter 2022 Financial Results Conference Call.