Heartland Express (HTLD) Tops Q1 EPS by 2c

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Heartland Express, Inc. Reports Revenues and Earnings for the First Quarter of 2017

April 21, 2017 9:00 AM EDT

NORTH LIBERTY, Iowa, April 21, 2017 (GLOBE NEWSWIRE) -- Heartland Express, Inc. (Nasdaq: HTLD) announced today financial results for the three months ended March 31, 2017.

Net Income of $14 million, Earnings per Share of $0.17, and Operating Revenue of $130 million, Operating Ratio of 85.1% and 83.2% Non-GAAP Adjusted Operating Ratio(1),Cash balance of $159.2 million, a $30.7 million increase since December 31, 2016,Total Stockholders Equity of $518.2 million and Total Assets of $751.7 million.

Heartland Express Chief Executive Officer Michael Gerdin commented on the quarterly operating results and ongoing... More