Investing.com - Marten Transport (NASDAQ:MRTN) reported on Monday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Marten Transport announced earnings per share of $0.32 on revenue of $324.40. Analysts polled by Investing.com anticipated EPS of $0.34 on revenue of $322.11M.
Marten Transport shares are up 16% from the beginning of the year, still down 14.64% from its 52 week high of $23.43 set on August 16.
Marten Transport follows other major Industrials sector earnings this month
Marten Transport's report follows an earnings missed by FedEx on September 15, who reported EPS of $3.44 on revenue of $23.2B, compared to forecasts EPS of $5.14 on revenue of $23.61B.
Cintas had beat expectations on September 28 with first quarter EPS of $3.39 on revenue of $2.17B, compared to forecast for EPS of $3.13 on revenue of $2.08B.
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