Marten Transport Ltd reports results for the quarter ended in June - Earnings Summary

Marten Transport

18/07/2022 22:01

* Marten Transport Ltd  MRTN.OQ  reported quarterly adjusted
earnings of 39 cents​​ per share for the quarter ended in June.
The mean expectation of four analysts for the quarter was
for earnings of 32 cents per share.
    * Revenue rose 41.8% to $329.57 million from a year ago; 
analysts
expected $286.60 million. 
    * Marten Transport Ltd's reported EPS for the quarter was 39
cents​.
    * The mean earnings estimate of analysts had risen by
about 8.5%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Marten Transport Ltd shares had risen by 3.0% this
quarter and
gained 1.0% so far this year.
    * The company reported quarterly net income of $31.66
million.
    * Wall Street's median 12-month price target for Marten
Transport
Ltd is $22.50 
    * 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." 

This summary was machine generated July 18 at 09:01 p.m.  ​All
figures in US dollars unless otherwise stated.
 QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.32           0.39           Beat
 Mar. 31 2022      0.26           0.33           Beat
 Dec. 31 2021      0.26           0.30           Beat
 Sep. 30 2021      0.26           0.26           Met
 This summary was machine generated from Refinitiv data July 18
at 09:01 p.m