Overview

* Matson Q3 2025 revenue beats analyst expectations despite declining yr/yr

* Net income for Q3 2025 declines yr/yr due to lower freight rates and volume in China

* Company repurchased 0.6 mln shares in Q3 2025

Outlook

* Matson ( MATX ) expects 4Q25 operating income to be 30% lower than 4Q24

* Company anticipates lower 4Q25 Ocean Transportation income due to reduced China service volumes

* Matson ( MATX ) sees stable trading environment in 4Q25 post U.S.-China trade deal

Result Drivers

* CHINA SERVICE - Lower freight rates and container volumes in China due to global trade uncertainties and tariffs

* LOGISTICS CHALLENGES - Lower contributions from freight forwarding and transportation brokerage impacted Logistics segment

* SSAT CONTRIBUTION - Increased contribution from SSAT joint venture due to higher lift revenue

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $880.10 $837.40

Revenue mln mln (2

Analysts

)

Q3 EPS $4.24

Q3 Net $134.70

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 29.9% above its November 3 closing price of $99.96

* The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release:

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(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.)