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Heartland Express: Q2 In Line Despite Revenue Weakness
Monday, July 19, 2021 - 2:01pm | 691North Liberty, Iowa-based truckload carrier Heartland Express reported an 8.1% year-over-year decline in second-quarter revenue (excluding fuel) Monday. Earnings per share were in line with analysts' expectations at 26 cents. Even with the top-line weakness, Heartland Express (NASDAQ: HTLD)...
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Last Week's Notable Insider Buys: Beacon Roofing, Chipotle, IPOs, Latham And More
Sunday, May 2, 2021 - 8:05am | 993Insider buying can be an encouraging signal for potential investors, especially when markets are near all-time highs. Once again, some insiders took advantage of recent public share offerings to add or bolster stakes. Again, biotechnology companies are well represented on this list. Conventional...
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Heartland Express Earnings Miss Partly Related To Recent Acquisition
Thursday, January 23, 2020 - 1:40pm | 630The weaker operating environment provided Heartland Express Inc. (NASDAQ: HTLD) an opportunity to acquire a $150 million peer. However, that company, Millis Transfer, which operated at a 90%-plus operating ratio (OR) prior to the deal, weighed on Heartland Express' fourth-quarter 2019 results. The...
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Heartland Express Posts A Clean Quarter Amid "Softer Freight Demand"
Wednesday, October 30, 2019 - 3:32pm | 512Heartland Express, Inc. (NASDAQ: HTLD) reported third quarter earnings of $0.25 per share, in-line with the consensus estimate and $0.02 ahead of the prior year period. The North Liberty, Iowa-based truckload (TL) carrier reported a 2.2% year-over-year revenue decline in the quarter to $147.9...
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Heartland Express Flexes Its Balance Sheet Again With Millis Acquisition
Tuesday, August 27, 2019 - 11:11am | 1479Heartland Express (NASDAQ: HTLD) used its debt-free balance sheet and ability to generate strong cash flows to make another acquisition. On August 26, 2019 Heartland announced that it had acquired dry van truckload (TL) carrier Millis Transfer for approximately $150 million. The lead up to the...
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Heartland Express Profit Beats Expectations But Operating Revenue Misses Estimates
Thursday, April 18, 2019 - 12:17pm | 726Heartland Express, Inc. (NASDAQ: HTLD) announced a first quarter 2019 profit of $0.21 per share, which was $0.02 ahead of analysts' estimates. The truckload (TL) carrier generated $139.5 million in revenue from operations, down 11 percent year-over-year (y/y), missing analysts'...
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UPDATE: J.P. Morgan Color On HTLD Target Increase
Thursday, April 21, 2011 - 7:56am | 143J.P. Morgan, which raised its PT on shares of Heartland Express, Inc. (NASDAQ: HTLD), is providing some color on the stock. “On Wednesday morning, HTLD reported 1Q earnings of $0.16/ share, which is in line with our forecast of $0.16 and slightly better than Consensus of $0.15, although the...
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JP Morgan Raises PT On Heartland Express To $17
Thursday, April 21, 2011 - 6:34am | 27JP Morgan has raised the price target on Heartland Express (NASDAQ: HTLD) from $16 to $17 and maintains its Neutral rating.
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Jefferies Industrials Update (HTLD, CP)
Friday, April 8, 2011 - 8:08am | 98Jefferies is out with its "Industrials" report today, and highlights sentiment indicators in its coverage universe. In a note to clients, Jefferies writes, "It is worth noting that all of the truck RSIs increased from last week, led by HTLD's jump from 62.3 to 72.0. CP is the only rail stock that...
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Heartland Reports Lacking Revenues In 4Q, Piper Raises PT
Monday, January 24, 2011 - 10:03am | 151Piper Jaffray has published a research report on Heartland Express, Inc. (NASDAQ: HTLD) after the company reported lacking revenues in its 4Q earnings. In the report, Piper Jaffray writes "HTLD reported 4Q10 EPS (1/20/11) of $0.17 (43.9% y-o-y growth) which was in line with consensus and a penny...
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Piper Jaffray Raises PT On Heartland Express
Monday, January 24, 2011 - 9:02am | 27Piper Jaffray has raised the price target on Heartland Express (NASDAQ: HTLD) from $16 to $17 and maintains its Neutral rating.
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Jefferies Initiates HTLD At Hold With a $15 PT
Friday, January 7, 2011 - 9:17am | 23Jefferies is initiating coverage of Heartland Express (NASDAQ: HTLD) with a Hold rating; $15 price target.
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Piper Jaffray's Freight Update: Week 41
Friday, October 22, 2010 - 8:04am | 353Piper Jaffray has published a Freight Update report from week 41 on Intermodal Volume. In the report, Piper Jaffray writes "We believe broader Freight market fundamentals continue to improve thus far in 4Q10 albeit volume growth rates are moderating due to tougher comparisons and some market demand...
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Deutsche Bank's Freight Tracker Top Picks
Thursday, September 16, 2010 - 7:24am | 306Current Top picks: Union Pacific (NYSE: UNP),$79.08 Buy FedEx Corporation (NYSE: FDX),$85.94 Buy J. B. Hunt (NASDAQ: JBHT),$35.19 Buy United Parcel Service (NYSE: UPS),$67.66 Buy Companies featured: Arkansas Best Corp. (NASDAQ: ABFS),$23.74 Hold C.H. Robinson Worldwide (NASDAQ: CHRW),$68.21 Con-way...