Marten Transport Crushes Estimates
Marten Transport (NAS: MRTN) reported earnings on Jan. 24. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Marten Transport beat slightly on revenues and crushed expectations on earnings per share.
Compared to the prior-year quarter, revenue grew significantly, and earnings per share expanded significantly.
Margins improved across the board.
Marten Transport logged revenue of $158 million. The six analysts polled by S&P Capital IQ predicted a top line of $156 million. Sales were 16% higher than the prior-year quarter's $137 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.
EPS came in at $0.35. The six earnings estimates compiled by S&P Capital IQ predicted $0.28 per share. GAAP EPS of $0.35 for Q4 were 46% higher than the prior-year quarter's $0.24 per share.
Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.
For the quarter, gross margin was 49.1%, 2,550 basis points better than the prior-year quarter. Operating margin was 7.6%, 120 basis points better than the prior-year quarter. Net margin was 4.8%, 100 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $154 million. On the bottom line, the average EPS estimate is $0.21.
Next year's average estimate for revenue is $647 million. The average EPS estimate is $1.26.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 36 members out of 45 rating the stock outperform, and nine members rating it underperform. Among 19 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 16 give Marten Transport a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Marten Transport is outperform, with an average price target of $22.50.
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At the time this article was published Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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