Showing 1-10 of about 31 articles.
Heartland Express, Inc.
Heartland Express, Inc. Reports Revenues and Earnings for the First Quarter of 2013
NORTH LIBERTY, Iowa, April 16, 2013 (GLOBE NEWSWIRE) -- Heartland Express, Inc. (Nasdaq:HTLD) announced today financial results for the quarter ended March 31, 2013. Operating revenues for the quarter were relatively flat at $134.3 million versus $134.8 million in the first quarter of 2012. Net income was $19.7 million compared to $16.6 million in the 2012 period, a 19.0% increase. Basic earnings per share increased 21.4% to $0.23 from $0.19 reported in the first quarter of 2012. Operating income for the three month period was positively impacted by a $7.0 million increase in gains on disposal of property and equipment but was negatively impacted by weather complications year over year. Also, with Easter and Good Friday falling in the first quarter of 2013 compared to being in the second quarter of 2012, as well as 2012 being a Leap Year, first quarter revenues were negatively impacted by less business days. For the quarter, Heartland Express, Inc. (the "Company") posted an operating ratio (operating expenses as a percentage of operating revenues) of 77.5% and a 14.7% net margin (net income as a percentage of operating revenues) compared to 82.4% and 12.3%, respectively, in the first quarter of last year.
Heartland Express, Inc.
Heartland Express, Inc. Declares Regular Quarterly Dividend
NORTH LIBERTY, Iowa, March 11, 2013 (GLOBE NEWSWIRE) -- The Board of Directors of Heartland Express, Inc. (Nasdaq:HTLD) announced today the declaration of a regular quarterly cash dividend. The $0.02 per share dividend will be paid on April 2, 2013 to shareholders of record at the close of business on March 22, 2013. A total of approximately $1.7 million will be paid on the Company's 85.0 million shares of common stock. This is the Company's thirty-ninth consecutive quarterly cash dividend. With the payment of this dividend, the Company will have paid a total of $438.3 million in cash dividends, including three special dividends since the dividend program was implemented in the third quarter of 2003.
Heartland Express, Inc.
Heartland Express, Inc. Announces Participation in Upcoming Conference
NORTH LIBERTY, Iowa, March 1, 2013 (GLOBE NEWSWIRE) -- Heartland Express, Inc. (Nasdaq:HTLD) announced that on Tuesday, March 5, 2013, Michael Gerdin, Chief Executive Officer and John P. Cosaert, Chief Financial Officer will present at the 2013 J.P. Morgan Aviation, Transportation & Defense Conference at 7:45 am (central time).
Heartland Express, Inc.
Heartland Express, Inc. Announces Participation in Upcoming Conferences
NORTH LIBERTY, Iowa, Feb. 8, 2013 (GLOBE NEWSWIRE) -- Heartland Express, Inc. (Nasdaq:HTLD) announced that on Tuesday, February 12, 2013, Michael Gerdin, Chief Executive Officer and John P. Cosaert, Chief Financial Officer will present at the 2013 Stifel Nicolaus Transportation and Logistics Conference at 8:30 am (central time).
Heartland Express, Inc.
Heartland Express, Inc. Reports Revenues and Earnings for the Fourth Quarter of 2012
NORTH LIBERTY, Iowa, Jan. 23, 2013 (GLOBE NEWSWIRE) -- Heartland Express, Inc. (Nasdaq:HTLD) announced today financial results for the quarter ended December 31, 2012. Operating revenues for the quarter increased 3.8% to $136.2 million from $131.2 million in the fourth quarter of 2011. Operating income for the three month period was negatively impacted by a $4.1 million decrease in gains on disposal of property and equipment. Net income was $14.3 million compared to $17.1 million in the 2011 period, a 16.5% decrease. Basic earnings per share decreased 14.4% to $0.17 from $0.20 reported in the fourth quarter of 2011. Fuel surcharge revenues for the quarter increased 5.6% to $28.0 million from $26.5 million in the fourth quarter of 2011. For the quarter, Heartland Express, Inc. (the "Company") posted an operating ratio (operating expenses as a percentage of operating revenues) of 81.9% and a 10.5% net margin (net income as a percentage of operating revenues) compared to 79.5% and 13.0%, respectively, in the fourth quarter of last year.
Heartland Express, Inc.
Heartland Express, Inc. Declares Regular Quarterly and Special Dividends
NORTH LIBERTY, Iowa, Nov. 16, 2012 (GLOBE NEWSWIRE) -- The Board of Directors of Heartland Express, Inc. (Nasdaq:HTLD) announced today the declaration of a regular quarterly cash dividend. The $0.02 per share dividend will be paid on December 17, 2012 to shareholders of record at the close of business on December 7, 2012. A total of approximately $1.7 million will be paid on the Company's 85.0 million shares of common stock. This is the Company's thirty-eighth consecutive quarterly cash dividend.
Heartland Express, Inc.
Heartland Express, Inc. Announces Participation in Upcoming Conference
NORTH LIBERTY, Iowa, Nov. 2, 2012 (GLOBE NEWSWIRE) -- Heartland Express, Inc. (Nasdaq:HTLD) announced that on Wednesday, November 7, 2012, Michael Gerdin, Chief Executive Officer and John P. Cosaert, Chief Financial Officer will present at the Baird 2012 Industrial Conference at 7:10 am (central time).
Heartland Express, Inc.
Heartland Express, Inc. Reports Revenues and Earnings for the Third Quarter of 2012
NORTH LIBERTY, Iowa, Oct. 11, 2012 (GLOBE NEWSWIRE) -- Heartland Express, Inc. (Nasdaq:HTLD) announced today financial results for the quarter ended September 30, 2012. Operating revenues for the quarter increased 1.9% to $135.0 million from $132.5 million in the third quarter of 2011. Operating revenues for the nine month period increased 3.1% to $409.6 million from $397.4 million in the 2011 period. Operating income for the three and nine month periods of 2012 were negatively impacted by a $5.1 million and $12.9 million decrease in gains on disposal of property and equipment, respectively. Net income was $12.4 million in the 2012 quarter period compared to $15.4 million in the 2011 quarter period, a 19.3% decrease. Net income was $47.2 million in the nine month period ended September 30, 2012 compared to $52.8 million in the same nine month period in 2011, a 10.5% decrease. Basic earnings per share decreased 11.8% to $0.15 from $0.17 reported in the third quarter of 2011. Basic earnings per share decreased 5.2% to $0.55 from $0.58 reported in the first nine months of 2011.
Heartland Express, Inc.
Heartland Express, Inc. Declares Regular Quarterly Dividend
NORTH LIBERTY, Iowa, Sept. 10, 2012 (GLOBE NEWSWIRE) -- The Board of Directors of Heartland Express, Inc. (Nasdaq:HTLD) announced today the declaration of a regular quarterly cash dividend. The $0.02 per share dividend will be paid on October 2, 2012 to shareholders of record at the close of business on September 21, 2012. A total of approximately $1.7 million will be paid on the Company's 85.8 million outstanding shares of common stock.
Showing 1-10 of about 31 articles.