Overview

* Matson Q2 2025 revenue beats analyst expectations despite a 2% yr/yr decline

* EPS and net income declined yr/yr amid market uncertainty and tariffs

* Co repurchased 0.9 mln shares and raised full-year outlook

Outlook

* Matson ( MATX ) expects 3Q25 Ocean Transportation income to be meaningfully lower than 3Q24

* Company sees full-year Ocean Transportation income higher than May guidance, but down YOY

* Matson ( MATX ) expects full-year Logistics income comparable to prior year

* Company anticipates continued uncertainty from tariffs and geopolitical factors

Result Drivers

* CHINA SERVICE - Lower year-over-year volume due to market uncertainty and tariffs, with demand rebounding mid-quarter after tariff reduction

* HAWAII AND ALASKA - Higher container volumes driven by general demand and retail-related demand, respectively

* LOGISTICS BROKERAGE - Lower operating income attributed to reduced contribution from transportation brokerage

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $830.50 $768.20

Revenue mln mln (2

Analysts

)

Q2 EPS $2.92

Q2 Net $94.70

Income mln

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the marine freight & logistics peer group is "buy"

* Wall Street's median 12-month price target for Matson Inc ( MATX ) is $142.50, about 25.3% above its July 30 closing price of $106.50

* The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)