Heartland Express (HTLD) Tops Q4 EPS by 3c

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Heartland Express, Inc. Reports Revenues and Earnings for the Fourth Quarter and Year Ended December 31, 2018

January 22, 2019 8:30 AM EST

NORTH LIBERTY, Iowa, Jan. 22, 2019 (GLOBE NEWSWIRE) -- Heartland Express, Inc. (Nasdaq: HTLD) announced today financial results for the quarter and year ended December 31, 2018. 

Three months ended December 31, 2018:

Net Income of $22.4 million, Earnings per Share of $0.27 and Operating Revenue of $147.0 million.Operating Income of $29.6 million, a year over year increase of $19.7 million.Operating Ratio of 79.9% and 76.7% Non-GAAP Adjusted Operating Ratio(1), our fourth quarter of sequential improvement and a 1,410 basis point improvement to the prior year period.Cash balance of $161.4 million, an $86.1 million... More