Matson expects 2Q26 operating income of $153.0 to $160.0 million, up from $113.0 million
Matson preliminarily estimated second-quarter 2026 operating income of $153.0 million to $160.0 million, net income of $124.8 million to $130.3 million, and diluted EPS of $4.12 to $4.30, all up year over year. The company attributed the increase mainly to higher contribution from its China service, and it also repurchased about 0.3 million shares for $67.8 million during the quarter.
Key points
- Expected 2Q26 operating income of $153.0 to $160.0 million, versus $113.0 million in the prior-year quarter
- Expected 2Q26 net income of $124.8 to $130.3 million and diluted EPS of $4.12 to $4.30, versus $94.7 million and $2.92
- Repurchased about 0.3 million shares for $67.8 million in 2Q26; about 3.4 million shares remain under the program as of June 30, 2026
- Second-quarter earnings call scheduled for August 3, 2026 at 4:30 p.m. ET
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:59 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 15, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.