What move does the options market price into Matson's report?

Implied ±15.7%, either direction · provisional.

How often does Matson move more than the options market prices?

3 of the last 7 reports moved at least as far as the implied move.

MATXNYSEWater Transportation

Matson, Inc. (MATX) earnings date, market-implied expected move, and options open interest by expiry

210.55

−11.02 · −4.97%

post 215.60 +2.40%

Closed16:05 ET

Open222.01Volume367,929Mkt cap$6.6BP/E14.37EPS15.00Div yield0.66%

Day205.71 – 225.5050%52-wk96.73 – 240.8782%

MATX

Matson, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±15.7%implied · straddle

177.87244.25

spot 211.06exp Mar 19ATM strike 210ATM straddle 39.05IV 38%

Nov 4 closeprovisional

Expected move

Inputs

Next report

Feb 23

after close · in 111 days

est.Q4 FY26

Calendar

Next report

Last report

Nov 4

after close

confirmedNov 3 close

Implied vs realized

Largest filed tie

filed ties

13F top-10 QoQ

+1.52%

shares held · 10 largest managers

13F · Jun 30 '26128d lag

426 managers

Top fund weight

0.18%

MATX weight · IWM

N-PORTJun 30 '26

5 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Matson (MATX) is expected to report on Feb 23 after close (estimated date).

Implied vs realized

8 reports

3 of 7≥ implied

avg implied: ±7.7%
avg realized: ±6.4%

Oct 30 '24Oct 30 '24confirmed—▲+15.94%—

Feb 25 '25Feb 25 '25confirmed±7.4%▲+1.69%×0.23

May 5 '25May 5 '25confirmed±8.7%▼−15.41%×1.78

Jul 31 '25Jul 31 '25confirmed±7.3%▲+1.24%×0.17

Nov 4 '25Nov 4 '25confirmed±8.3%▲+11.97%×1.45

Feb 24 '26Feb 24 '26confirmed±7.6%▲+1.83%×0.24

Q1 FY26May 4 '26confirmed±7.0%▲+9.62%×1.38

Q2 FY26Aug 3 '26confirmed±7.4%▲+2.89%×0.39

quarterimplied−20%0+20%realized×

Q2 FY26±7.4%▲+2.89%×0.39

Q1 FY26±7.0%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 4 expiries · Nov 3 close

0.82OI · 4 expiries · Nov 3 closeP/C open interest · Mar 19 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

46+7%Nov 2016d0.13347+2%0.13

56+2%Dec 1844d0.124490%0.12

7,5350%Jan 1572d43.06175+2%43.06

report · Feb 23 · after close · est.

33+3%Mar 19135d40−2%

ExpiryPutsCallsP/C

Nov 2016d46+7%347+2%0.13

Dec 1844d56+2%4490%0.12

Jan 1572d7,5350%175+2%43.06

report · Feb 23 · after close · est.

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±15.7%

Funds 4

IWM±0.0%

UWM±0.0%

VIG±0.0%

VTI±0.0%

Dashed = straddleMethod 1 more fund Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY26

13.35%as filednet margin · revenue +27.92% QoQ · +16.72% YoY

Revenue

$969M+27.92% QoQ

Gross profit

$232M+73.34% QoQ

23.94% margin

Operating income

$159M+158.79% QoQ

16.39% margin

Pre-tax income

$164M+141.38% QoQ

Net income

$129M+128.62% QoQ

13.35% margin

Cost of revenue

$737M+18.18% QoQ

Operating expenses

$73M+0.97% QoQ

Tax

$35M+205.31% QoQ

Other income

$5M−23.08% QoQ

Revenue$969M+27.92%

Gross profit

$232M+73.34%

23.94% margin

Operating income

$159M+158.79%

16.39% margin

Pre-tax income

$164M+141.38%

Net income

$129M+128.62%

13.35% margin

Cost of revenue

$737M+18.18%

Operating expenses

$73M+0.97%

Other income$5M−23.08%

Tax$35M+205.31%

flow · deduction · inflow · signed % = QoQSource: SEC filings · standardized · QE Jun 30 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 4 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 16:00 ET

Intraday

Event sensitivity

CPI ×1.21· ±1.9% vs ±1.6% · 10 releases

eventrelease day|move|up · n×base

CPIconsumer prices±1.9%5 of 10×1.21

PCEpersonal income & outlays±1.4%13 of 19×0.85

FOMCrate decision±1.4%14 of 24×0.84

NFPjobs report±1.3%8 of 10×0.82

CPROFcorporate profits±1.1%5 of 12×0.70

GDPgross domestic product±1.1%11 of 19×0.69

PPIproducer prices±1.1%5 of 10×0.65

Bar = avg |move| to ±2% · tick = ±1.6% avg day · ×base = |move| ÷ ±1.6% · min 6 releases

Earnings history

EPS 4.27 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 3 '26 · confirmed	4.27	—
Q1 FY26	May 4 '26 · confirmed	1.85	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod