Marten Transport Ltd expected to post earnings of 34cents a share - Earnings Preview

Marten Transport

14/10/2022 12:17

* Marten Transport Ltd  MRTN.OQ   MRTN.O  is expected
to show a
rise in quarterly revenue when it reports  results on October 17
(estimated). 
    * The Mondovi Wisconsin-based  company is expected to report
 a
27.9% increase in revenue to $321.41 million from $251.28
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 34 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 $23​, above​ its last closing price of $20.33. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2021  0.25        0.26       0.26      Met     2
 ​​Jun.        0.26        0.26       0.26      Met     0
 30 2021                                                
 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
 This summary was machine generated October 14 at 11:17 GMT.  All
figures in US dollars  unless otherwise stated