Marten Transport Sets First-Quarter Earnings Guidance

March 30, 2006 8:30 AM, EST

Click here to write a Letter to the Editor.

efrigerated truckload carrier Marten Transport said it expects to earn 19 to 22 cents per share in the first quarter.

The expected results relate to a slowdown in customer demand compared with expectations, particularly late in the quarter, Marten said in a statement.

Financial analysts were expecting first-quarter earnings of 25 cents a share, excluding exceptional items, and earnings of 27 cents a share, Reuters reported.

Marten said it will release its first-quarter results on April 24.

Marten is ranked No. 57 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.