Marten Transport Ltd expected to post earnings of 29  cents a share - Earnings Preview

Marten Transport

14/07/2023 12:03

* Marten Transport Ltd  MRTN.OQ   MRTN.O  is expected
to show a
fall in quarterly revenue when it reports  results on July 17
(estimated). 
    * The Mondovi Wisconsin-based  company is expected to report
 a
6.4% decrease in revenue to $308.533 million from $329.57
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Marten Transport
Ltd is
for earnings of 29 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "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 $25​, above​ its last closing price of $20.45. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.27        0.27       0.28      Beat    2.4
 Dec. 31 2023  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
 ​​Mar.        0.26        0.26       0.33      Beat    28.2
 31 2022                                                
 Dec. 31 2021  0.26        0.26       0.30      Beat    14.3​
 Sep. 30 2021  0.25        0.26       0.26      Met     2
 Jun. 30 2021  0.26        0.26       0.26      Met     0
 This summary was machine generated July 14 at 11:03 GMT.  All
figures in US dollars  unless otherwise stated