Pacific ocean shipping firm Matson beats Q3 revenue estimates

Matson

04/11/2025 21:49

Overview

Matson Q3 2025 revenue beats analyst expectations despite declining yr/yr

Net income for Q3 2025 declines yr/yr due to lower freight rates and volume in China

Company repurchased 0.6 mln shares in Q3 2025

Outlook

Matson expects 4Q25 operating income to be 30% lower than 4Q24

Company anticipates lower 4Q25 Ocean Transportation income due to reduced China service volumes

Matson sees stable trading environment in 4Q25 post U.S.-China trade deal

Result Drivers

CHINA SERVICE - Lower freight rates and container volumes in China due to global trade uncertainties and tariffs

LOGISTICS CHALLENGES - Lower contributions from freight forwarding and transportation brokerage impacted Logistics segment

SSAT CONTRIBUTION - Increased contribution from SSAT joint venture due to higher lift revenue

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$880.10 mln
$837.40 mln (2 Analysts)
Q3 EPS
$4.24
Q3 Net Income
$134.70 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the marine freight & logistics peer group is "buy"

Wall Street's median 12-month price target for Matson Inc is $142.50, about 29.9% above its November 3 closing price of $99.96

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nPn2FVLWta

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)