Heartland Express Q2 EPS $(0.04), Inline, Sales $274.75M Miss $275.13M Estimate
Portfolio Pulse from Benzinga Newsdesk
Heartland Express (NASDAQ:HTLD) reported Q2 EPS of $(0.04), meeting analyst estimates but reflecting a 140% decrease from last year. Sales were $274.75M, missing estimates by 0.14% and down 10.26% from last year.
July 23, 2024 | 1:09 pm
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NEGATIVE IMPACT
Heartland Express reported Q2 EPS of $(0.04), meeting analyst estimates but showing a significant decline from last year. Sales missed estimates slightly and were down year-over-year.
The company's earnings met expectations, but the significant year-over-year decline in both EPS and sales, along with the slight miss in sales estimates, is likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100