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

Quick Facts

Editors Pick
Swiss drug maker Roche Holding said a late-stage trial of its breast cancer drug Kadcyla did not provide superior results compared with an existing therapy. FCA US, until recently known as Chrysler, said Friday it is recalling 257,000 Dodge Ram pickups. The auto maker says the rear axle pinion nut on certain model year 2005 Dodge Ram 1500 trucks may loosen due to an undersized spline on the pinion gear. If the pinion nut loosens, the rear axle may... This medical device company has a very impressive track record of growing business over the past decade. increasing sales from $490.2 million in 2004 to $1.72 billion this year. The Silicone Hydrogel daily disposable lens portfolio constitutes a major avenue for growth.
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.