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

Implied ±6.2%, either direction.

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

222.49

+1.45 · +0.66%

post 224.50 +0.90%

Closed16:07 ET

Open220.07Volume302,856Mkt cap$6.6BP/E14.97EPS15.00Div yield0.66%

Day220.07 – 225.6979%52-wk96.73 – 240.8789%

MATX

Matson, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±6.2%implied · report alone

8Q avg ±7.6%·×0.81·cheap

207.90235.24

straddle ±7.6%

spot 221.57exp Nov 20ATM strike 220ATM straddle 19.70IV 51%

Nov 3 closereport share · term structure

Expected move

Inputs

Next report

Nov 4

after close · in 1 day

confirmedQ3 FY26

Calendar

Next report

Last report

+2.89%

vs ±7.4% implied · ×0.39

shaded = implied · ▲▼ = realized

Aug 3 '26 · confirmed

Implied vs realized

Largest filed tie

filed ties

13F top-10 QoQ

+1.52%

shares held · 10 largest managers

13F · Jun 30 '26127d 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) reports on Nov 4 after close (confirmed 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 · Oct 28 close

0.13OI · 4 expiries · Oct 28 closeP/C open interest · Nov 20 · first expiry after the report

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

43+16%Nov 2017d341+1%

55−2%Dec 1845d0.12451+1%0.12

7,5320%Jan 1573d44.05171−1%44.05

32+10%Mar 19136d0.7841+5%0.78

ExpiryPutsCallsP/C

Nov 2017d43+16%341+1%0.13

Dec 1845d55−2%451+1%0.12

Jan 1573d7,5320%171−1%44.05

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

Positioning

Linked exposure

scenario · straddle±7.6%

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 3 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