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Earnings of Local Firms - Apr 22 2009 3:21PM
Wednesday, April 22, 2009 3:21 PM


(Source: Milwaukee Journal Sentinel)trackingMarten Transport Ltd.

Profits soared on decreased revenue as the Mondovi-based refrigerated trucking firm cut costs. With lower expenses, Marten's operating profit margin improved from 3.8% to 5.9%. Earnings beat analysts' 13.8 cents a share estimate. Before Tuesday's announcement, Marten stock rose 58 cents to close at $19.22.

1st quarter %

3/31 2009 2008 change

Sales $122.0 $143.4 -14.9

Net income 4.1 2.7 +52.8

EPS (diluted) 0.18 0.12 +50.0

Sales totals include revenue from fuel surcharges. Those aside, sales fell 3.6% in the most recent quarter. Figures in millions except for earnings per share. Percentages are based on unrounded sales and income figures.

Copyright 2009, Journal Sentinel Inc. All rights reserved. (Note: This notice does not apply to those news items already copyrighted and received through wire services or other media.)

(c) 2009 Milwaukee Journal Sentinel. Provided by ProQuest LLC. All rights Reserved.

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