Marten Transport Ltd expected to post earnings of 32  cents a share - Earnings Preview

Marten Transport

15/07/2022 22:15

* Marten Transport Ltd  MRTN.OQ   MRTN.O  is expected
to show a
rise in quarterly revenue when it reports  results on July 18. 
    * The Mondovi Wisconsin-based  company is expected to report
 a
23.3% increase in revenue to $286.603 million from $232.44
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 32 cents per share. For the same quarter last
year, the company reported earnings of 26 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 $22.5​, above​ its last closing price of $17.13. ​​​
    * 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 2022  0.26        0.26       0.33      Beat    28.2
 Dec. 31 2022  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
 ​​Mar.        0.20        0.20       0.22      Beat    10
 31 2021                                                
 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. 30 2020  0.16        0.15       0.22      Beat    43.5
 This summary was machine generated July 15 at 21:15 GMT.  All
figures in US dollars  unless otherwise stated