Heartland Express Inc reports results for the quarter ended in December - Earnings Summary

Heartland Express

03/02/2023 23:59

* Heartland Express Inc  HTLD.OQ  reported quarterly
adjusted
earnings of 21 cents​​ per share for the quarter ended in
December. The mean expectation of nine analysts for the quarter
was for earnings of 29 cents per share.
    * Revenue rose 139.6% to $354.92 million from a year ago;
analysts
expected $337.21 million. 
    * Heartland Express Inc's reported EPS for the quarter was
20
cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.3%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * Heartland Express Inc shares had risen by 15.1% this
quarter.
    * The company reported quarterly net income of $15.49
million.
    * Wall Street's median 12-month price target for Heartland
Express
Inc is $18.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 6
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
3 at 11:59 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.29           0.21           Missed
 Sep. 30 2022      0.31           0.33           Beat
 Jun. 30 2022      0.33           0.29           Missed
 Mar. 31 2022      0.19           0.21           Beat