PREVIEW: Marten Transport set to get trucking earnings on the road

Marten Transport

18/07/2022 17:51

** Shares Marten Transport Ltd  MRTN.O  up 0.3% at $17.39
ahead of the refrigerated trucking co's qtrly earnings expected
after the bell
    ** Transports and logistics are closely watched links in the
supply chain, which has struggled to keep up with post-pandemic
demand boom and helped fuel decades-high inflation
    ** MRTN seen posting Q2 EPS of $0.32, up 23.1% from year-ago
qtr on rev of $286.6 mln, a 23.3% y/y increase, per Refinitiv
data
    ** Intermodal and truckload sales both seen up ~12.5% from
last year, per Refinitiv
    ** Other transports due to report this week include JB Hunt
Transport Services  JBHT.O , CSX Corp  CSX.O , Union Pacific
Corp  UNP.N 
    ** So far this year, MRTN up 1.4% compared with S&P 1500
Trucking index's  .SPCOMTRCK  >24% plunge over same time period

 (Reporting by Stephen Culp)
 ((stephen.culp@thomsonreuters.com; 646-223-6076;))