Marten Transport Q2 Results Miss Estimate

(RTTNews) - Marten Transport, Ltd. (MRTN) reported net income for the second quarter of $8.4 million or $0.25 per share, compared to $7.9 million or $0.24 per share for the year-ago quarter.

Second quarter operating revenue, net of fuel surcharges, rose 6.1% to $143.9 million from $135.7 million a year earlier. Total operating revenue for the second quarter fell to $163.59 million from $168.42 million last year.

Analysts polled by Thomson Reuters expected the company to earn $0.30 per share on revenue of $168.97 million for the second quarter. Analysts' estimates typically exclude special items.