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Marten Transport Ltd Q1 Income Drops In Line With Estimates

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Marten Transport Ltd (MRTN) reported earnings for first quarter that decreased from last year in line with the Street estimates.

The company's earnings came in at $4.335 million, or $0.05 per share. This compares with $9.646 million, or $0.12 per share, last year.

Analysts on average had expected the company to earn $0.05 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period fell 10.6% to $223.152 million from $249.672 million last year.

Marten Transport Ltd earnings at a glance (GAAP) :

-Earnings: $4.335 Mln. vs. $9.646 Mln. last year.
-EPS: $0.05 vs. $0.12 last year.
-Revenue: $223.152 Mln vs. $249.672 Mln last year.

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