July 24, 2025 For Immediate Release Three months ended June 30, 2025: Six months ended June 30, 2025: Heartland Express Chief Executive Officer Mike Gerdin commented on the quarterly operating results and ongoing initiatives of the Company, "Our consolidated operating results for the three and six months ended June 30, 2025, reflect sequential improvement during a prolonged and challenged industry-wide operating environment where current capacity outpaces weak freight demand. These dynamics coupled with wha ...

For the quarter ended June 2025, Heartland Express (HTLD) reported revenue of $210.39 million, down 23.4% over the same period last year. EPS came in at -$0.14, compared to -$0.04 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $236.65 million, representing a surprise of -11.1%. The company delivered an EPS surprise of -75%, with the consensus EPS estimate being -$0.08.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wa ...

Heartland Express (HTLD) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to a loss of $0.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -75.00%. A quarter ago, it was expected that this trucking and logistics company would post a loss of $0.13 per share when it actually produced a loss of $0.18, delivering a surprise of -38.46%.Over the last four quart ...

NORTH LIBERTY, Iowa, July 24, 2025 (GLOBE NEWSWIRE) -- Heartland Express, Inc. (Nasdaq: HTLD) announced today financial results for the three and six months ended June 30, 2025. Three months ended June 30, 2025: Operating Revenue of $210.4 million,Net Loss of $10.9 million, Basic Loss per Share of $0.14,Operating Ratio of 105.9% and 106.0% Non-GAAP Adjusted Operating Ratio(1),Total Assets of $1.3 billion, including $22.9 million of Cash,Stockholders' Equity of $786.7 million,Repurchased 1 million shares of ...

As I dug deeper into the freight and logistics market in the US, I came across an off-the-radar stock named Heartland Express, Inc. (NASDAQ: HTLD ). Like a lot of ordinary truckload companies, it also experiences headwinds that continue toI have been working in the logistics sector for almost two decades. I have been into stock investing and macroeconomic analysis for almost a decade. Currently, I focus on ASEAN and NYSE/NASDAQ Stocks, particularly in banks, telco, logistics, and hotels. Since 2014, I have ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 0-15087 HEARTLAND EXPRESS INC. (Exact Name of Registrant as Specified in Its Charter) Nevada 93-0926999 (State or Other Jurisdicti ...

Financial Performance - Operating revenues for Q1 2025 were $219.4 million, down from $270.3 million in Q1 2024, representing a decrease of approximately 18.8%[2] - The net loss for Q1 2025 was $13.9 million, an improvement from a net loss of $15.1 million in Q1 2024, indicating a reduction of about 8%[2] - Basic loss per share was $0.18 in Q1 2025, compared to $0.19 in the same period of 2024, reflecting a slight improvement[2] - Operating revenue for Q1 2025 was $219,420,000, down from $270,320,000 in Q1 2024, representing a decrease of approximately 18.9%[17] - Operating revenue excluding fuel surcharge revenue was $193,099,000 in Q1 2025, compared to $234,108,000 in Q1 2024, a decline of about 17.5%[17] - Adjusted operating loss for Q1 2025 was $(13,644,000), slightly worse than the $(13,129,000) loss in Q1 2024[17] - The operating loss for Q1 2025 was $(14,898,000), compared to $(14,383,000) in Q1 2024, indicating a slight deterioration in performance[17] Operational Efficiency - The operating ratio for Q1 2025 was 106.8%, compared to 105.3% in Q1 2024, indicating a decline in operational efficiency[2] - The adjusted operating ratio increased to 107.1% in Q1 2025 from 105.6% in Q1 2024, indicating a decline in operational efficiency[17] - Operating expenses for Q1 2025 totaled $234,318,000, down from $284,703,000 in Q1 2024, a reduction of approximately 17.7%[17] Cash Flow and Assets - Cash balances increased to $23.9 million as of March 31, 2025, up by $11.1 million since December 31, 2024[3] - Total assets were reported at $1.3 billion, with stockholders' equity at $807.7 million as of March 31, 2025[3] - Net cash flows from operations for Q1 2025 were $25.8 million, representing 11.8% of operating revenue[5] Capital Expenditures and Dividends - The company expects net capital expenditures of approximately $40 to $50 million for the calendar year 2025[6] - A regular dividend of $0.02 per share was declared and paid during Q1 2025, maintaining a commitment to stockholders[7] Fleet Information - The average age of the consolidated tractor fleet was 2.6 years, while the trailer fleet averaged 7.4 years as of March 31, 2025[6] Non-GAAP Measures - The company emphasizes that non-GAAP measures like adjusted operating income provide better comparability for underlying operations, despite limitations[17] - Management continues to rely primarily on GAAP results while using non-GAAP measures as supplemental information[17] - The company aims to mitigate the volatility of fuel prices in its financial reporting to better reflect operational performance[17] Fuel Surcharge Revenue - The company reported a fuel surcharge revenue of $26,321,000 in Q1 2025, compared to $36,212,000 in Q1 2024, reflecting a decrease of about 27.4%[17]

Core Viewpoint - Heartland Express reported a quarterly loss of $0.18 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.13, marking an earnings surprise of -38.46% [1] - The company's revenues for the quarter were $219.42 million, missing the Zacks Consensus Estimate by 9.20% and down from $270.32 million a year ago [2] Financial Performance - Over the last four quarters, Heartland Express has only surpassed consensus EPS estimates once [2] - The company has not beaten consensus revenue estimates in the last four quarters [2] - Year-to-date, Heartland Express shares have declined approximately 30.1%, compared to a 5.5% decline in the S&P 500 [3] Future Outlook - The company's earnings outlook will be crucial for investors, particularly in light of recent earnings report and future expectations [4] - Current consensus EPS estimate for the upcoming quarter is $0.02 on revenues of $275.22 million, and for the current fiscal year, it is $0.06 on revenues of $1.07 billion [7] Industry Context - The Transportation - Truck industry, to which Heartland Express belongs, is currently ranked in the bottom 1% of over 250 Zacks industries, indicating a challenging environment [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Heartland Express's stock performance [5][6]

Core Viewpoint - Heartland Express, Inc. reported financial results for Q1 2025, highlighting challenges such as adverse weather, tariff uncertainties, and operating cost inflation that outpaced freight demand and rate improvements [1][2]. Financial Results - Operating revenues for Q1 2025 were $219.4 million, down from $270.3 million in Q1 2024 [2]. - Fuel surcharge revenues were $26.3 million, compared to $36.2 million in the same period of 2024 [2]. - The net loss was $13.9 million, an improvement from a net loss of $15.1 million in Q1 2024 [2]. - Basic loss per share was $0.18, compared to $0.19 in Q1 2024 [2]. - The operating ratio was 106.8%, with a non-GAAP adjusted operating ratio of 107.1%, compared to 105.3% and 105.6% respectively in Q1 2024 [2]. Balance Sheet, Liquidity, and Capital Expenditures - As of March 31, 2025, cash balances increased to $23.9 million, up by $11.1 million since December 31, 2024 [3]. - Debt and financing lease obligations were $199.6 million, down from $447.3 million at the time of the CFI acquisition in August 2022 [3]. - The company had $88.3 million in available borrowing capacity on its unsecured line of credit as of March 31, 2025 [3]. - Total assets were reported at $1.3 billion, with stockholders' equity of $807.7 million [3]. Cash Flows - Net cash flows from operations for Q1 2025 were $25.8 million, representing 11.8% of operating revenue [4]. - Cash used for financing activities included $1.3 million for debt repayment and $1.6 million for dividends [4]. - The primary cash outflow for investing activities was $11.7 million for net property and equipment transactions [4]. Fleet Information - The average age of the consolidated tractor fleet was 2.6 years as of March 31, 2025, compared to 2.4 years in the previous year [5]. - The average age of the consolidated trailer fleet was 7.4 years as of March 31, 2025, down from 6.7 years in 2024 [6]. Dividends and Share Repurchase - A regular dividend of $0.02 per share was declared and paid on April 4, 2025 [7]. - Cumulative cash dividends paid amounted to $556.8 million since 2003 [7]. - No shares were repurchased in Q1 2025 or the same period in 2024, with the ability to repurchase an additional 6.0 million shares under current authorization [7]. Awards and Recognition - The company and its employees received awards for service and fleet safety, including the PepsiCo - 2024 Carrier of the Year (West) and TCA Fleet Safety Award 2024 - 2nd Place [10].

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Heartland Express despite lower revenues, with the actual results being crucial for stock price movement [1][2]. Earnings Expectations - Heartland Express is expected to report a quarterly loss of $0.13 per share, reflecting a year-over-year change of +31.6% [3]. - Revenues are projected to be $241.65 million, down 10.6% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 20% lower in the last 30 days, indicating a reassessment by analysts [4]. - The Most Accurate Estimate for Heartland Express aligns with the Zacks Consensus Estimate, resulting in an Earnings ESP of 0% [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive or negative reading indicates the likelihood of actual earnings deviating from consensus estimates, with positive readings being more predictive [7][8]. - Heartland Express currently holds a Zacks Rank of 4, complicating predictions of an earnings beat [11]. Historical Performance - In the last reported quarter, Heartland Express was expected to post a loss of $0.04 per share but delivered a loss of $0.02, resulting in a surprise of +50% [12]. - Over the past four quarters, the company has only beaten consensus EPS estimates once [13]. Industry Comparison - Marten Transport, another player in the trucking and logistics sector, is expected to report earnings of $0.05 per share, indicating a year-over-year decline of -58.3% [17]. - Marten Transport's revenues are anticipated to be $229 million, down 8.3% from the previous year [17].