Marten Transport Ltd expected to post earnings of 13 cents a share - Earnings Preview

Marten Transport

12/04/2024 12:04

* Marten Transport Ltd  MRTN.OQ   MRTN.O  is expected
to show a
fall in quarterly revenue when it reports  results on April 16
(estimated) for the period ending March 31 2024
    * The Mondovi Wisconsin-based  company is expected to report
a
11.8% decrease in revenue to $262.77 million from $298.02
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Marten Transport Ltd is
for
earnings of 13 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 7.7%
in the last three months. ​
    * Wall Street's median 12-month price target for Marten
Transport
Ltd is $23.00​, above​ its last closing price of $17.17. ​​​

This summary was machine generated April 12 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)