Heartland Express is a transportation company focused on providing long-haul and regional trucking services across North America. The company primarily operates a fleet of trucks to deliver goods for a diverse range of customers, including those in the retail, manufacturing, and agricultural sectors. Heartland Express emphasizes safety, customer satisfaction, and operational efficiency, often leveraging advanced logistics technologies to optimize their freight services. Through its commitment to reliability and responsive service, the company plays a crucial role in the supply chain by ensuring timely and efficient delivery of products.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how ground transportation stocks fared in Q3, starting with Heartland Express (NASDAQ:HTLD).
Heartland Express has followed the market’s trajectory closely, rising in tandem with the S&P 500 over the past six months. The stock has climbed by 10.3% to $12.56 per share while the index has gained 13%.
Heartland Express has followed the market’s trajectory closely, rising in tandem with the S&P 500 over the past six months. The stock has climbed by 10.3% to $12.56 per share while the index has gained 13%.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the ground transportation industry, including Avis Budget Group (NASDAQ:CAR) and its peers.
Freight delivery company Heartland Express (NASDAQ:HTLD) fell short of the market’s revenue expectations in Q3 CY2024, with sales falling 11.9% year on year to $259.9 million. Its GAAP loss of $0.12 per share was also 1,027% below analysts’ consensus estimates.
Freight delivery company Heartland Express (NASDAQ:HTLD) missed Wall Street’s revenue expectations in Q3 CY2024, with sales falling 11.9% year on year to $259.9 million. Its GAAP loss of $0.12 per share was also 1,027% below analysts’ consensus estimates.
