Marten Transport Q2 EPS $0.27 Misses $0.29 Estimate, Sales $195.64M Miss $308.53M Estimate
Portfolio Pulse from totan@benzinga.com
Marten Transport (NASDAQ:MRTN) reported Q2 earnings of $0.27 per share, missing the analyst consensus estimate of $0.29 by 6.9%. This is a 30.77% decrease from the same period last year. The company also reported quarterly sales of $195.64 million, missing the analyst consensus estimate of $308.53 million by 36.59%. This is a 40.64% decrease from the same period last year.
July 19, 2023 | 8:06 pm
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Marten Transport's Q2 earnings and sales missed estimates, marking a significant decrease from the same period last year.
Marten Transport's Q2 earnings and sales missed analyst estimates by 6.9% and 36.59% respectively. This, coupled with a significant YoY decrease in both earnings and sales, could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
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