Matson raises 2026 outlook as Q2 EPS rises to $4.27 from $2.92
Matson reported second quarter 2026 net income of $129.4 million, or $4.27 per diluted share, up from $94.7 million, or $2.92 per diluted share, a year earlier, on revenue of $969.4 million versus $830.5 million. The company raised its full year 2026 outlook, now expecting consolidated operating income for 2026 to be higher than 2025, driven mainly by its China service.
Key points
- Q2 2026 consolidated operating income was $158.9 million versus $113.0 million in Q2 2025.
- Ocean Transportation operating income is expected to be approximately 45 percent higher in Q3 2026 than in Q3 2025, and modestly lower in Q4 2026 than in Q4 2025.
- Matson repurchased approximately 0.3 million shares for $67.8 million in Q2 2026 and declared a $0.38 per share dividend payable September 3, 2026.
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 August 03, 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.