Heartland Express (HTLD) Tops Q1 EPS by 1c, Revenue Misses

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Go back to Heartland Express (HTLD) Tops Q1 EPS by 1c, Revenue Misses

Heartland Express, Inc. Reports Revenues and Earnings for the First Quarter of 2019

April 18, 2019 8:30 AM EDT

NORTH LIBERTY, Iowa, April 18, 2019 (GLOBE NEWSWIRE) -- Heartland Express, Inc. (Nasdaq: HTLD) announced today financial results for the three months ended March 31, 2019.

Three months ended March 31, 2019:

Net Income of $17.3 million, Basic Earnings per Share of $0.21,Operating Revenue of $139.5 million,Operating Income of $20.8 million, a 61.0% increase from March 31, 2018,Operating Ratio of 85.1% and 83.0% Non-GAAP Adjusted Operating Ratio(1),Cash Balance of $176.3 million and a Debt-Free Balance Sheet.

Heartland Express Chief Executive Officer... More