Marten Transport Ltd Q1 Income Drops In Line With Estimates

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.

by RTTNews Staff Writer

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