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

Heartland Express

31/10/2023 12:00

* Heartland Express Inc  HTLD.OQ  reported a quarterly
adjusted
loss of 12 cents​​ per share for the quarter ended in September.
The mean expectation of seven analysts for the quarter was
for earnings of 8 cents per share.
    * Revenue rose 7.7% to $295.03 million from a year ago;
analysts
expected $297.16 million. 
    * Heartland Express Inc's reported EPS for the quarter was a
loss
of 14 cents​.
    * The mean earnings estimate of analysts had fallen by
about 31.5%
in the last three months.​ 
    * In the last 30 days, five analysts negatively revised
earnings
estimates 
    * Heartland Express Inc shares had fallen by 16.1% this
quarter and lost 19.6% so far this year.
    * The company reported a quarterly loss of $10.7 million.
    * Wall Street's median 12-month price target for Heartland
Express
Inc is $15.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
October 31 at 11:59 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.08           -0.12          Missed
 Jun. 30 2023      0.17           0.11           Missed
 Mar. 31 2023      0.16           0.17           Beat
 Dec. 31 2022      0.29           0.21           Missed