Earnings ·
Reports $6.96 EPS for Q3 2026 on $1.1B revenue and raises full-year outlook
MATXMatson, Inc.
Matson, Inc. reported net income of $209.4 million, or $6.96 per diluted share, for the quarter ended September 30, 2026, compared to $134.7 million in the prior year period. Consolidated revenue reached $1,113.5 million, up from $880.1 million, driven by strong demand and elevated freight rates in its China service, which saw container volume increase 16.0 percent year-over-year. The company raised its full-year outlook, expecting fourth-quarter consolidated operating income to be approximately 50 percent higher than the prior year's level. Additionally, Matson repurchased approximately 0.3 million shares for $59.8 million during the quarter and declared a quarterly cash dividend of $0.38 per share payable on December 3, 2026. The company operates as a leading U.S. carrier providing ocean transportation and logistics services to Hawaii, Alaska, Guam, and Asia.