Heartland Express Inc expected to post a loss of 1 cent a share - Earnings Preview

Heartland Express

22/10/2024 15:14

* Heartland Express Inc  HTLD.OQ   HTLD.O  is expected
to show a
fall in quarterly revenue when it reports  results on October 24
(estimated) for the period ending September 30 2024
    * The North Liberty Iowa-based  company is expected to
report a
9.0% decrease in revenue to $268.44 million from $295.03 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Heartland Express Inc is
for a
loss of 1 cent per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Heartland
Express
Inc is 12.00​, above​ its last closing price of $11.38. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -0.05       -0.06      -0.04     Beat    34.8
 Mar. 31 2024  -0.13       -0.12      -0.19     Missed  -60.7
 Dec. 31 2023  -0.10       -0.08      0.06      Beat    171.2​
 Sep. 30 2023  0.08        0.08       -0.12     Missed  -258.2
 ​​Jun.        0.15        0.17       0.11      Missed  -33.4
 30 2023                                                
 Mar. 31 2023  0.16        0.16       0.17      Beat    7.1​
 Dec. 31 2022  0.29        0.29       0.21      Missed  -27.4
 Sep. 30 2022  0.31        0.31       0.33      Beat    8.2
 This summary was machine generated October 22 at 14:14 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)