Marten Transport Ltd expected to post earnings of 31cents a share - Earnings Preview

Marten Transport

20/01/2023 11:23

* Marten Transport Ltd  MRTN.OQ   MRTN.O  is expected
to show a
rise in quarterly revenue when it reports  results on January 23
(estimated). 
    * The Mondovi Wisconsin-based  company is expected to report
 a
19.2% increase in revenue to $318.078 million from $266.88
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 31 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"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 $24​, above​ its last closing price of $19.60. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2022  0.26        0.26       0.33      Beat    28.2​
 Dec. 31 2021  0.26        0.26       0.30      Beat    14.3
 ​​Sep.        0.25        0.26       0.26      Met     2
 30 2021                                                
 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
 This summary was machine generated January 20 at 11:23 GMT.  All
figures in US dollars  unless otherwise stated