Matson (MATX) Beats Q2 Earnings and Revenue Estimates

Core Insights - Matson (MATX) reported quarterly earnings of $2.92 per share, exceeding the Zacks Consensus Estimate of $2.18 per share, but down from $3.31 per share a year ago, indicating an earnings surprise of +33.94% [1] - The company generated revenues of $830.5 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 2.64%, although this is a decrease from $847.4 million in the same quarter last year [2] - Matson's stock has underperformed, losing about 21% since the beginning of the year, compared to an 8.2% gain in the S&P 500 [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $2.38, with expected revenues of $836.37 million, and for the current fiscal year, the EPS estimate is $9.04 on revenues of $3.22 billion [7] - The trend of estimate revisions for Matson was unfavorable prior to the earnings release, resulting in a Zacks Rank 5 (Strong Sell), indicating expected underperformance in the near future [6] Industry Context - The Transportation - Services industry, to which Matson belongs, is currently ranked in the bottom 9% of over 250 Zacks industries, suggesting a challenging environment for stocks in this sector [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Matson's stock performance [5]