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MATSON TO ANNOUNCE SECOND QUARTER 2025 RESULTS ON JULY 31, 2025
Prnewswire· 2025-07-17 20:10
HONOLULU, July 17, 2025 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX), a leading U.S. carrier in the Pacific, today announced that it will release its financial results for the second quarter on Thursday, July 31, 2025.A conference call is scheduled for 4:30 p.m. ET when Matt Cox, Chairman and Chief Executive Officer, and Joel Wine, Executive Vice President and Chief Financial Officer, will discuss Matson's second quarter results. Date of Conference Call:          Thursday, July 3 ...
MATSON PUBLISHES 2024 SUSTAINABILITY REPORT
Prnewswire· 2025-07-09 20:52
Core Insights - Matson, Inc. has released its 2024 Sustainability Report, highlighting its commitment to ethical standards, environmental impact reduction, and community support [1] Company Overview - Matson, founded in 1882, is a prominent provider of ocean transportation and logistics services, serving non-contiguous economies such as Hawaii, Alaska, and Guam, as well as other island economies in Micronesia [2] - The company operates a diverse fleet that includes containerships, combination container and roll-on/roll-off ships, and barges, and offers premium expedited services from China to Long Beach, California [2] - Matson Logistics, established in 1987, enhances the company's transportation network across North America and Asia, providing integrated logistics services such as rail intermodal, highway brokerage, and supply chain management [2]
MATSON INCREASES QUARTERLY DIVIDEND TO $0.36 PER SHARE
Prnewswire· 2025-06-26 20:10
Company Overview - Matson, Inc. is a leading provider of ocean transportation and logistics services, founded in 1882 [3] - The company offers vital ocean freight transportation services to Hawaii, Alaska, Guam, and other Micronesian islands, as well as expedited services from China to Long Beach, California [3] - Matson's fleet includes containerships, combination container and roll-on/roll-off ships, and barges, with logistics services extending throughout North America and Asia [3] Dividend Announcement - The Board of Directors has declared a third quarter dividend of $0.36 per common share, marking a 5.9% increase from the previous quarter [1] - This increase represents the thirteenth consecutive annual increase to Matson's quarterly dividend, reflecting the strength of the business and confidence in long-term free cash flow growth [2] Capital Allocation Strategy - The company emphasizes a disciplined approach to capital allocation, committing to return excess capital to shareholders through share repurchases after funding dividends and supporting operations [2] - Matson aims to maintain an investment-grade balance sheet while investing in growth opportunities [2]
Matson(MATX) - 2025 Q1 - Earnings Call Transcript
2025-05-05 21:32
Matson (MATX) Q1 2025 Earnings Call May 05, 2025 04:30 PM ET Company Participants Justin Schoenberg - Director, Investor Relations & Corporate DevelopmentMatthew Cox - Chairman, Director & CEOJoel M. Wine - Executive VP & CFODaniel Imbro - Managing DirectorOmar Nokta - Managing DirectorBenjamin Nolan - Managing Director Conference Call Participants Jacob Lacks - Analyst Operator you for standing by and welcome to Matson's First Quarter twenty twenty five Financial Results Conference Call. At this time, all ...
Matson (MATX) Upgraded to Buy: Here's What You Should Know
ZACKS· 2025-04-28 17:00
Matson (MATX) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a changing earnings picture is ...