Marten Transport Ltd expected to post earnings of 26 cents a share - Earnings Preview

Marten Transport

18/10/2021 21:43

* Marten Transport Ltd  MRTN.OQ   MRTN.O  is expected to show a
rise in quarterly revenue when it reports results on October
19. 
* The Mondovi, Wisconsin-based company is expected to report  a
9.9% increase in revenue to $237.375 million from $216.01
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Marten Transport Ltd is
for earnings of 26 cents per share. For the same quarter last
year, the company reported earnings of 20 cents per share.
* 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 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 $21.5​, about 27.5% above​ its last closing
price of $15.59. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  0.26        0.26       0.26      Met     0
 Mar. 31 2021  0.20        0.20       0.22      Beat    10
 Dec. 31 2020  0.21        0.22       0.24      Beat    10.8​
 Sep. 30 2020  0.19        0.20       0.20      Met     1.3
 Jun.          0.16​       0.15       0.22      Beat    43.5​
 30​ 2020​                                              
 Mar. 31 2020  0.16        0.16       0.17      Beat    3.1​
 Dec. 31 2019  0.18        0.18       0.19      Beat    4.8
 Sep. 30 2019  0.19        0.19       0.20      Beat    7.1
 This summary was machine generated October 18 at 20:43 GMT.  All
figures in US dollars unless otherwise stated