Heartland Express Q1 Loss Decreases, But Misses Estimates

Heartland Express (HTLD) released Loss for first quarter that decreased from the same period last year but missed the Street estimates.

The company's earnings totaled -$13.873 million, or -$0.18 per share. This compares with -$15.108 million, or -$0.19 per share, last year.

Analysts on average had expected the company to earn -$0.1 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period fell 18.8% to $219.420 million from $270.320 million last year.

Heartland Express earnings at a glance (GAAP) :

-Earnings: -$13.873 Mln. vs. -$15.108 Mln. last year.
-EPS: -$0.18 vs. -$0.19 last year.
-Revenue: $219.420 Mln vs. $270.320 Mln last year.

by RTTNews Staff Writer

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