Heartland Express, Inc. (NASDAQ:HTLD) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company. Shares are down 0%.
Heartland Express, Inc. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 21.05% to $0.23 in the quarter versus EPS of $0.19 in the year-earlier quarter.
Revenue: Decreased 0.39% to $134.3 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Heartland Express, Inc. reported adjusted EPS income of $0.23 per share. By that measure, the company beat the mean analyst estimate of $0.19. It missed the average revenue estimate of $137.97 million.
Quoting Management: There was no comment from the management.
Key Stats (on next page)…