Marten Transport Q1 revenue falls, misses estimates

Marten Transport

23/04/2026 21:19

Overview

US temperature-sensitive truckload carrier's Q1 revenue fell 8.8% yr/yr, missing analyst expectations

Q1 net income and EPS declined sharply from prior year

Company says earnings pressured by severe winter storms, high diesel prices, and freight market recession

Outlook

Company expects freight market is in early stages of recovery due to capacity contraction measures

Marten Transport focused on cost controls and operating efficiencies to offset market pressures

Result Drivers

SEVERE WEATHER AND DIESEL COSTS - Co said prolonged severe winter storms and a sharp spike in diesel prices weighed on Q1 earnings

FREIGHT MARKET RECESSION - Co attributed earnings pressure to historic duration and depth of freight market recession, including oversupply and weak demand

INTERMODAL SALE - Year-over-year revenue decline partly due to sale of intermodal operations in 2025

Company press release: ID:nGNXpdxgG

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Miss
$203.53 mln
$212.20 mln (3 Analysts)
Q1 EPS
$0.02
Q1 Net Income
$1.38 mln
Q1 Pretax Profit
$2.05 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "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 $17.00, about 15.3% above its April 22 closing price of $14.75

The stock recently traded at 42 times the next 12-month earnings vs. a P/E of 36 three months ago

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.)