Recap: Marten Transport Q2 Earnings

Shares of Marten Transport MRTN moved lower after the company reported Q2 results.

Quarterly Results

Earnings per share fell 21.21% over the past year to $0.26, which were in line with the estimate of $0.26.

Revenue of $232,442,000 up by 9.44% year over year, which missed the estimate of $238,630,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Recent Stock Performance

52-week high: $30.19

Company's 52-week low was at $15.13

Price action over last quarter: down 4.49%

Company Description

Marten Transport Ltd is a temperature-sensitive truckload carrier in the United States. It is engaged in transporting and distributing food and other consumer packaged goods which requires a temperature-controlled or insulated environment. The company operates through four segments including Truckload, Dedicated, Intermodal, and Brokerage.