Heartland Express Inc expected to post a loss of 8 cents a share - Earnings Preview

Heartland Express

30/01/2024 11:31

* Heartland Express Inc  HTLD.OQ   HTLD.O  is expected
to show a
fall in quarterly revenue when it reports  results on February 1
(estimated) for the period ending December 31 2023
    * The North Liberty Iowa-based  company is expected to
report a
17.2% decrease in revenue to $294.012 million from $354.92
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Heartland Express Inc is
for a
loss of 8 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"hold" and 1 "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 $14.50​, above​ its last closing price of $13.35. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.08        0.08       -0.12     Missed  -258.2
 Jun. 30 2023  0.15        0.17       0.11      Missed  -33.4
 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.        0.31        0.31       0.33      Beat    8.2
 30 2022                                                
 Jun. 30 2022  0.24        0.33       0.29      Missed  -11.3​
 Mar. 31 2022  0.20        0.19       0.21      Beat    9.9
 Dec. 31 2021  0.25        0.26       0.26      Met     0.9
 This summary was machine generated January 30 at 11:31 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)