MATX Matson, Inc. - 10-Q - (2025-11-05)

Matson, Inc. reported consolidated financial performance contraction for the nine months ended September 30, 2025. Nine-month Net Income fell to $301.7M (down from \(348.4M in 2024), resulting in Diluted EPS of **\)9.28** (down from \(10.13). Third quarter results showed a sharper decline, with Q3 Net Income at \)134.7M versus $199.1M in Q3 2024. Management guidance projects Q4 consolidated operating income to be approximately 30% lower year-over-year.

Business & Segment Performance: Revenue headwinds were driven primarily by the core Ocean Transportation segment, where Q3 revenue decline

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