Loading...
•
Jun 30, 2022
Marten Transport Q2 2022 Earnings Report
Reported highest operating revenue and operating income for any quarter, and the best operating ratio, net of fuel surcharges, since becoming a public company in 1986.
Key Takeaways
Marten Transport reported a significant increase in net income, operating revenue, and operating income for the second quarter of 2022. Net income improved by 47.8%, operating revenue increased by 41.8%, and operating income rose by 43.5%.
Net income increased by 47.8% compared to the second quarter of 2021.
Operating revenue improved by 41.8% compared to the second quarter of 2021.
Operating income improved by 43.5% compared to the second quarter of 2021.
The company repurchased and retired 963,000 shares of its common stock for $16.8 million.
Forward Guidance
The unrelenting national shortage of qualified drivers is a long-term double-edged sword for our industry, simultaneously tightening the freight market while limiting fleet size.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...