Raymond James Downgrades Heartland Express (HTLD) to Market Perform
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Heartland Express, Inc. Reports Revenues and Earnings for the First Quarter of 2015 - EPS Increased 25% Along With Record Cash Flows From Operations
April 22, 2015 10:37 AM EDTNORTH LIBERTY, Iowa, April 22, 2015 (GLOBE NEWSWIRE) -- Heartland Express, Inc. (Nasdaq: HTLD) announced today financial results for the quarter ended March 31, 2015. Highlights of the quarter included:
Net Income increased 25.1%, Earnings per share increased 25%, Record cash flows from operations of $55.7 million, Repaid all long-term debt within 14 months of initial borrowing, Operating results increased cash reserves by $34.9 million, Year-over-year operating ratio improvement from 90.8% to 84.9%, 13% increase in average driver wages, including detention pay after 1 hour.Financial... More
