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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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.
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IMPORTANCE 80
RELEVANCE 100