Yahoo Finance Heartland Express First Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
Heartland Express (NASDAQ:HTLD) First Quarter 2024 Results
Key Financial Results
Revenue: US$270.3m (down 18% from 1Q 2023).
Net loss: US$15.1m (down by 220% from US$12.6m profit in 1Q 2023).
US$0.19 loss per share (down from US$0.16 profit in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Heartland Express Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) missed analyst estimates by 51%.
Looking ahead, revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Transportation industry in the US.
Performance of the American Transportation industry.
The company's share price is broadly unchanged from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. See our latest analysis on Heartland Express' balance sheet health.
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