Heartland Express Inc.'s (HTLD: Quote) first-quarter net income improved 11.5% to $16.6 million from $14.9 million a year earlier, with earnings per share up 18.8% to $0.19 from $0.16 reported last year. On average, 16 analysts polled by Thomson Reuters expected earnings per share of $0.17 for the quarter. Analysts' estimates typically exclude one-time items.
Operating revenues for the quarter went up 5.6% to $134.83 million from $127.7 million in the 2011 first quarter. Nine analysts estimated revenues of $127.09 million for the first quarter.
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by RTT Staff Writer
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