Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Heartland Express Q2 Profit Rises - Quick Facts

RELATED NEWS
Trade HTLD now with 

Heartland Express Inc. (HTLD: Quote) reported that its second-quarter net income increased to $19.1 million compared to $18.2 million in the 2012 period, a 5.0% increase. Earnings per share increased 9.5% to $0.23 from $0.21 in the second quarter of 2012. Analysts polled by Thomson Reuters expected the company to report earnings of $0.21 per share for the quarter. Analysts' estimates typically exclude special items.

Operating income for the quarter improved to $29.37 million from last year's $26.75 million. Operating income for the quarter was positively impacted by $5.1 million of increases in gains on disposal of property and equipment as the Company continues its fleet upgrade program.

Operating revenues for the quarter decreased to $134.0 million from $139.7 million in the second quarter 2012. Twelve analysts had consensus revenue estimate of $141.73 million for the quarter. Operating revenues were negatively impacted by lower fuel surcharge revenues which were $27.3 million for the quarter, a 6.7% decline from $29.2 million in the same period of 2012.

Click here to receive FREE breaking news email alerts for Heartland Express and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
LinkedIn Corp., the world's largest online professional network, said Thursday after the markets closed that its third quarter loss widened slightly from last year, as higher costs and expenses more than offset a 45% increase in revenue. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly revenue. After ending the previous session modestly lower, stocks moved mostly higher over the course of the trading day on Thursday. The gains on the day more than offset yesterday's losses, lifting the major averages to their best closing levels in a month. Sen. Lindsey Graham, R-S.C., is seen as a long shot for the Republican presidential nomination in 2016, and his chances may have gotten worse after he was recorded joking about the prospects for "white men" if he were elected president.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.