NasdaqGS:HTLDTransportation
Heartland Express (HTLD) Stock Rebounds To Profit As Revenue Shrinks
Heartland Express shares slipped 3.9% to US$12.23 after the latest haulage from its Q2 report, even though the headline story was a return to profit. The truckload carrier posted basic earnings per share of US$0.14 on revenue of US$184.1m, a sharp break from recent quarterly losses that had weighed on the stock, which is already down over the past month.
For short term traders the red screen might dominate. Long term holders will focus more on whether this profit print is the first step in...