Marten Transport Ltd expected to post earnings of 11 cents a share - Earnings Preview

Marten Transport

15/07/2024 12:04

* Marten Transport Ltd  MRTN.OQ   MRTN.O  is expected
to show a
fall in quarterly revenue when it reports  results on July 17
(estimated) for the period ending June 30 2024
    * The Mondovi Wisconsin-based  company is expected to report
a
12.8% decrease in revenue to $249.11 million from $285.67
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Marten Transport Ltd is
for
earnings of 11 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Marten
Transport
Ltd is $19.00​, above​ its last closing price of $17.40. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.13        0.13       0.12      Missed  -4
 Jan. 1 2024   0.18        0.18       0.15      Missed  -16.7
 Jan. 1 0001   0.18        0.18       0.17      Missed  -5.6​
 Jun. 30 2023  0.28        0.28       0.27      Missed  -4.7
 ​​Mar.        0.27        0.27       0.28      Beat    2.4
 31 2023                                                
 Dec. 31 2022  0.30        0.31       0.31      Met     1.6​
 Sep. 30 2022  0.33        0.34       0.32      Missed  -4.5
 Jun. 30 2022  0.32        0.32       0.39      Beat    21.9
 This summary was machine generated July 15 at 11:04 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)