earnings
confidence high
sentiment negative
materiality 0.80
Marten Transport Q4 EPS drops to $0.07 from $0.15; full-year EPS $0.33 vs $0.86
MARTEN TRANSPORT LTD
2024-FY EPS reported
$0.33
revenue$963,708,000
- Q4 net income $5.6M ($0.07 diluted EPS) vs $12.4M ($0.15) YoY; revenue $230.4M vs $268.2M.
- Full-year net income $26.9M ($0.33 EPS) vs $70.4M ($0.86) in 2023; revenue $963.7M vs $1.131B.
- Q4 operating income $6.7M vs $15.7M YoY; operating ratio (net of fuel surcharges) 96.7% vs 93.2%.
- Q4 net income improved 50.1% sequentially from Q3 2024; first such improvement since Q2 2022.
- Management continues to navigate freight market recession; positions for growth when cycle turns.