NASDAQ$MRTN

Marten Transport Ltd · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Marten Transport's earnings increased in Q2 2021 due to strong freight demand and efficient operations.

Marten Transport reported a strong Q2 2021, marked by significant increases in revenue, earnings per share, and operating income. The company effectively capitalized on high freight demand and maintained operational efficiency.

  • Revenue increased to $266.9 million, up from $222.7 million in the prior year quarter.
  • Earnings per share rose to $0.42, compared to $0.24 in Q2 2020.
  • Operating income reached $27.5 million, a substantial increase from $16.4 million in the same quarter last year.
  • The company benefited from strong freight demand and efficient operations.

Headline financials

Total Revenue

$232M

Previous: $212M+9.4%
EPS (adj)

$0.26

Previous: $0.22+18.2%
Operating Ratio

89.7%

Previous: 88.1%+1.8%
Free Cash Flow

$21.4M

Previous: $18.1M+18.1%
Net Income

$21.4M

Previous: $18.1M+18.1%
Operating Income

$28.5M

Previous: $25.3M+12.9%
Gross Profit

$232M

Previous: $212M+9.4%
Cash & Equivalents

$80.7M

Previous: $75.3M+7.1%
Total Assets

$884M

Previous: $841M+5.2%

Revenue & EPS history

Marten Transport · Revenue · Quarterly

$232M

Q2 2021+9.4%vs Q2 2020
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Revenue by segment

Marten Transport · $298M total across 4 segments · Q1 2023

  • Truckload
    $159M
  • Dedicated
    $88.4M
  • Brokerage
    $37.8M
  • Intermodal
    $13.1M

Forward guidance

Marten Transport did not provide specific financial guidance for future periods in the Q2 2021 earnings report.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

+0.4%

Avg return

Earnings day

+0.3%

Avg return

5 days after

+3.1%

Avg return

30 days after

45%

30 / 66 earnings

Positive

+16.6%

Q2 2022

Best reaction

-10.7%

Q1 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+4.0%+0.5%+12.5%
Q4 2025+0.1%+7.0%+9.1%
Q3 2025-9.0%-7.8%-8.0%
Q2 2025-1.8%-3.0%-3.7%
Q1 2025-3.4%+0.1%+3.6%
Q4 2024-3.7%-5.5%-10.6%
Q3 2024-5.3%-8.2%-1.5%
Q2 2024-1.3%-3.0%-5.8%
Q1 2024+2.4%+3.5%+11.9%
Q4 2023-4.9%-6.5%-3.7%
Q3 2023-10.1%-8.5%-7.9%
Q2 2023-2.9%+0.4%+2.7%
Q1 2023+2.3%+2.3%+4.8%
Q4 2022+10.1%+11.8%+10.5%
Q3 2022-5.8%-8.7%+5.3%
Q2 2022+16.6%+13.3%+27.9%
Q1 2022+7.8%+6.3%+3.6%
Q4 2021+2.4%+0.2%+17.9%
Q3 2021+5.9%+5.7%+8.9%
Q2 2021-9.3%-8.4%-9.9%
Q1 2021-0.1%+0.3%+0.2%
Q4 2020-7.7%-11.8%-8.8%
Q3 2020-1.5%-5.8%+3.1%
Q2 2020+7.2%+2.1%+4.5%
Q1 2020-0.1%+0.3%+9.4%
Q4 2019-5.3%-2.8%+10.5%
Q3 2019+1.9%+4.4%+1.8%
Q2 2019+9.9%+8.3%+5.2%
Q1 2019+9.7%+12.4%+6.5%
Q4 2018-1.3%-1.8%-2.1%
Q3 2018-0.6%-1.0%+2.2%
Q2 2018+6.1%+6.6%+2.0%
Q1 2018-10.7%-14.3%-10.3%
Q4 2017+3.9%+6.4%+2.5%
Q3 2017+0.6%+1.8%-0.8%
Q2 2017+3.4%+2.5%-1.3%
Q1 2017+10.4%+14.3%+9.4%
Q4 2016-3.2%-3.6%+2.7%
Q3 2016+2.8%+3.1%+20.7%
Q2 2016-1.0%-0.6%-0.6%
Q1 2016+2.7%
Q4 2015-0.5%
Q3 2015-3.1%
Q2 2015-10.2%
Q1 2015+5.9%
Q4 2014-0.7%
Q3 2014+4.4%
Q2 2014-4.4%
Q1 2014+8.6%
Q4 2013+1.2%
Q3 2013+4.1%
Q2 2013-6.1%
Q1 2013+7.6%
Q4 2012+5.8%
Q3 2012-0.6%
Q4 2011-2.5%
Q2 2012-0.4%
Q1 2011+2.2%
Q1 2012-0.5%
Q4 2009+2.2%
Q3 2010-3.2%
Q3 2011-3.2%
Q2 2010-2.0%
Q2 2011-2.0%
Q4 2010-2.0%
Q1 2010+5.5%

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