Heartland Express: 2Q Earnings Snapshot
NORTH LIBERTY, Iowa (AP) _ Heartland Express Inc. (HTLD) on Thursday reported second-quarter earnings of $22.4 million.
The North Liberty, Iowa-based company said it had net income of 27 cents per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 25 cents per share.
The trucking and logistics company posted revenue of $142.1 million in the period, falling short of Street forecasts. Five analysts surveyed by Zacks expected $147.5 million.
Heartland Express shares have increased nearly 2% since the beginning of the year. The stock has climbed roughly 2% in the last 12 months.