Marten Transport Q2 revenue falls on intermodal sale

Marten Transport

23/07/2026 21:28

    

    Overview
  
US temperature-sensitive truckload carrier's Q2 revenue fell 2.8% yr/yr
Q2 adjusted EPS declined from prior year
Revenue decline partly due to sale of intermodal operations in 2025

    

    Outlook
  
Company says freight market is recovering due to regulatory changes contracting freight capacity
Marten Transport is securing higher pricing from customers for premium services
Company remains focused on operating efficiencies and cost controls amid improving market conditions

    

    Result Drivers
  
FREIGHT MARKET TIGHTENING - Co said recent regulatory enforcement and legal changes have reduced freight capacity, contributing to a market recovery
HIGHER PRICING - Co said it is securing higher pricing from customers for premium services as the freight market improves
COST CONTROLS - Co highlighted ongoing focus on cost controls and operating efficiencies

    
Company press release: ID:nGNX3kMFsf

    

    Key Details
  

            Metric
          

            Beat/Miss
          

            Actual
          

            Consensus Estimate
          
Q2 Operating Revenue
 
$223.54 mln
 
Q2 EPS
 
$0.07
 
Q2 Net Income
 
$5.34 mln
 
Q2 Operating Income
 
$6.92 mln
 
Q2 Operating Expenses
 
$216.63 mln
 
Q2 Pretax Profit
 
$7.64 mln
 

    

    Analyst Coverage
  
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the ground freight & logistics peer group is "buy"
Wall Street's median 12-month price target for Marten Transport Ltd is $19.00, about 9.7% above its July 22 closing price of $17.32
The stock recently traded at 35 times the next 12-month earnings vs. a P/E of 38 three months ago

    

    Reuters Recommended Reads
  
July 23 - Canadian trucking firm Mullen Group's Q2 revenue beats on acquisitions
July 22 - CSX second-quarter profit, revenue rises on intermodal demand 
July 22 - Freight group DSV's shares slide 15% as cash flow falls, earnings disappoint

    
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)