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

Marten Transport

17/10/2022 21:31

* Marten Transport Ltd  MRTN.OQ  reported quarterly adjusted
earnings of 32 cents​​ per share for the quarter ended in
September. The mean expectation of four analysts for the quarter
was for earnings of 34 cents per share.
    * Revenue rose 29.1% to $324.45 million from a year ago;
analysts
expected $321.41 million. 
    * Marten Transport Ltd's reported EPS for the quarter was 32
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.5%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Marten Transport Ltd shares had risen by 2.7% this
quarter and
gained 14.6% so far this year.
    * The company reported quarterly net income of $25.65
million.
    * Wall Street's median 12-month price target for Marten
Transport
Ltd is $23.00 
    * 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." 

This summary was machine generated from Refinitiv data October
17 at 08:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.34           0.32           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