NYSE$MATX
Matson Inc. · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Matson's first quarter results for 2022 were announced, demonstrating significant year-over-year growth.
Matson reported a strong start to 2022, driven by increased demand for its China service and overall strength in both Ocean Transportation and Logistics segments. Net income reached $339.2 million, or $8.23 per diluted share, compared to $87.2 million, or $1.99 per diluted share in the first quarter of 2021. Consolidated revenue increased to $1,165.5 million from $711.8 million in the prior year.
- First quarter EPS was $8.23.
- Net income and EBITDA for the first quarter were $339.2 million and $476.4 million, respectively.
- Year-over-year increase in consolidated operating income was primarily driven by strength in the China service.
- Approximately 0.7 million shares were repurchased during the first quarter.
Headline financials
Revenue & EPS history
Matson · Revenue · Quarterly
$1.17B
Revenue by segment
Matson · $1.17B total across 2 segments · Q1 2022
- Ocean Transportation$944M+68.4%81.0%
- Logistics$222M—19.0%
Forward guidance
Despite near-term uncertainty from supply chain challenges in China, the company expects elevated demand for its China service for most of the year and anticipates current supply and demand factors to remain largely in place through at least the October peak season.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2022
-0.7%
Avg return
Earnings day
+0.6%
Avg return
5 days after
+1.0%
Avg return
30 days after
49%
34 / 69 earnings
Positive
+15.2%
Q3 2024
Best reaction
-15.3%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +9.7% | +7.0% | +9.2% | |
| Q4 2025 | +1.0% | +2.5% | -5.4% | |
| Q3 2025 | -1.4% | -0.4% | +10.7% | |
| Q1 2025 | -15.3% | -12.6% | +1.8% | |
| Q4 2024 | +1.7% | -0.9% | -10.1% | |
| Q3 2024 | +15.2% | +15.9% | +14.0% | |
| Q2 2024 | -0.9% | -2.4% | +4.2% | |
| Q1 2024 | -4.1% | +3.1% | +12.5% | |
| Q4 2023 | -2.4% | -0.6% | -7.4% | |
| Q3 2023 | -2.3% | -0.5% | +5.6% | |
| Q2 2023 | +1.1% | +2.5% | -6.0% | |
| Q1 2023 | +4.9% | +1.8% | +12.8% | |
| Q4 2022 | -7.8% | -3.4% | -15.3% | |
| Q3 2022 | -10.0% | -4.8% | -13.9% | |
| Q2 2022 | -9.1% | -9.5% | -19.6% | |
| Q1 2022 | +6.3% | +2.0% | +3.1% | |
| Q4 2021 | +9.7% | +15.5% | +35.9% | |
| Q3 2021 | +8.5% | +9.4% | -2.4% | |
| Q2 2021 | +3.7% | +8.7% | +21.8% | |
| Q1 2021 | -1.6% | -3.5% | -5.9% | |
| Q4 2020 | -4.4% | -8.7% | -11.5% | |
| Q3 2020 | +10.8% | +7.0% | +11.6% | |
| Q2 2020 | +6.4% | +10.5% | +11.7% | |
| Q1 2020 | -7.1% | -3.2% | +9.5% | |
| Q4 2019 | -12.0% | -10.5% | -12.8% | |
| Q3 2019 | -2.1% | -0.6% | -4.5% | |
| Q2 2019 | -3.1% | -4.0% | +1.3% | |
| Q1 2019 | +0.7% | -1.3% | -6.8% | |
| Q4 2018 | -2.8% | +3.1% | -1.4% | |
| Q3 2018 | +14.3% | +12.7% | +5.2% | |
| Q2 2018 | +2.5% | +1.7% | +5.9% | |
| Q1 2018 | +5.9% | +6.8% | +17.1% | |
| Q4 2017 | -14.6% | -14.9% | -16.8% | |
| Q3 2017 | +6.8% | +5.4% | +7.7% | |
| Q2 2017 | +3.1% | +6.6% | -11.0% | |
| Q1 2017 | +4.2% | +1.2% | -4.1% | |
| Q4 2016 | -8.6% | -7.3% | -14.6% | |
| Q3 2016 | -12.3% | -8.3% | -2.4% | |
| Q2 2016 | -4.7% | -3.5% | +9.3% | |
| Q1 2016 | -12.7% | — | — | |
| Q4 2015 | -5.8% | — | — | |
| Q3 2015 | +9.2% | — | — | |
| Q2 2015 | +6.0% | — | — | |
| Q1 2015 | +3.1% | — | — | |
| Q4 2014 | +7.6% | — | — | |
| Q3 2014 | +4.3% | — | — | |
| Q2 2014 | -2.7% | — | — | |
| Q1 2014 | -6.1% | — | — | |
| Q4 2013 | -3.7% | — | — | |
| Q3 2013 | -13.6% | — | — | |
| Q2 2013 | +0.0% | — | — | |
| Q1 2013 | +7.6% | — | — | |
| Q4 2012 | -0.5% | — | — | |
| Q3 2012 | +3.7% | — | — | |
| Q2 2012 | +3.7% | — | — | |
| Q1 2012 | -1.1% | — | — | |
| Q4 2011 | +2.8% | — | — | |
| Q1 2009 | -8.2% | — | — | |
| Q4 2008 | -8.2% | — | — | |
| Q3 2011 | -8.8% | — | — | |
| Q2 2011 | -7.1% | — | — | |
| Q1 2010 | -8.1% | — | — | |
| Q1 2011 | -8.1% | — | — | |
| Q4 2010 | +1.8% | — | — | |
| Q3 2009 | +0.4% | — | — | |
| Q3 2010 | +0.4% | — | — | |
| Q4 2009 | +1.3% | — | — | |
| Q2 2009 | +1.3% | — | — | |
| Q2 2010 | +1.3% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro