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Recap: Heartland Express Q2 Earnings


Benzinga | Jul 16, 2020 09:05AM EDT

Recap: Heartland Express Q2 Earnings

Shares of Heartland Express (NASDAQ:HTLD) remained unaffected after the company reported Q2 results.

Quarterly Results

Earnings per share fell 11.11% year over year to $0.24, which beat the estimate of $0.13.

Revenue of $160,873,000 up by 13.18% year over year, which beat the estimate of $150,570,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Heartland Express hasn't issued any revenue guidance for the time being.

Technicals

Company's 52-week high was at $22.71

Company's 52-week low was at $15.65

Price action over last quarter: Up 9.85%

Company Description

Heartland Express Inc is engaged in providing truckload services across the United States and Canada. It offers nationwide asset-based transportation services in the dry van truckload market. Also, the company offers truckload temperature-controlled transportation services and non-asset based brokerage services. The company's major customers represent primarily the consumer goods, appliances, food products, and automotive industries.






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