Marten Transport (MRTN) Reports In-Line Q1 EPS, Miss on Revenues

Marten Transport (NASDAQ: MRTN) reported Q1 EPS of $0.19, in-line with the analyst estimate of $0.19. Revenue for the quarter came in at $187 million versus the consensus estimate of $190.57 million.

“Our agreements with a number of customers included a shift during the quarter between line haul and fuel surcharge revenue, which reduced our Dedicated and Truckload revenue, net of fuel surcharges, by $106 and $13 per tractor per week, while increasing our fuel surcharge revenue by the same amounts.”

For earnings history and earnings-related data on Marten Transport (MRTN) click here.

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