---
title: "Matson reports preliminary 2Q26 operating income $153.0–$160.0M, EPS $4.12–$4.30"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292819340.md"
description: "Matson reported preliminary Q2 2026 results, forecasting operating income of $153.0–$160.0 million and diluted EPS of $4.12–$4.30. Growth was driven by stronger China service contributions and higher freight rates on CLX and MAX services. The company repurchased approximately 0.3 million shares and scheduled its earnings call for August 3, 2026."
datetime: "2026-07-15T21:23:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292819340.md)
  - [en](https://longbridge.com/en/news/292819340.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292819340.md)
---

# Matson reports preliminary 2Q26 operating income $153.0–$160.0M, EPS $4.12–$4.30

Matson announced preliminary second-quarter 2026 results, expecting consolidated operating income of $153.0 million to $160.0 million and net income of $124.8 million to $130.3 million, with diluted EPS of $4.12 to $4.30. The company cited stronger contribution from its China service and higher freight rates on CLX and MAX services as key drivers. Matson also repurchased approximately 0.3 million shares in the quarter and scheduled its 2Q26 earnings call for August 3, 2026.

**Financial Highlights**

-   Consolidated operating income (preliminary): $153.0 million to $160.0 million for 2Q26.
-   Net income (preliminary): $124.8 million to $130.3 million for 2Q26.
-   Diluted EPS (preliminary): $4.12 to $4.30 for 2Q26.
-   Cash and cash equivalents (June 30, 2026): approximately $119.3 million (excludes $345.8 million in Capital Construction Fund).
-   Total debt (June 30, 2026): $341.3 million (presented before reduction for deferred loan fees).

**Business Highlights**

-   China service reported a year-over-year increase in contribution and volume, with China container volume up 15.2% versus prior year driven by significantly higher demand.
-   CLX and MAX services experienced higher-than-expected freight rates and demand across e-commerce, garments and e-goods amid tighter Transpacific supply conditions.
-   Domestic tradelanes: Hawaii container volume decreased 1.1% and Alaska decreased 2.3% (partly due to lower export seafood on AAX), while Guam volume increased 4.4%.
-   Logistics segment operating income rose year-over-year, led by higher contributions from freight forwarding and transportation brokerage, partially offset by lower warehousing contribution.
-   Share repurchase activity: approximately 0.3 million shares repurchased in 2Q26; ~3.4 million shares remain available under the repurchase program as of June 30, 2026.

Original SEC Filing: Matson, Inc. \[ MATX \] - 8-K - Jul. 15, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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