Heartland Express (HTLD) Misses Q3 EPS by 7c
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Heartland Express, Inc. Reports Revenues and Earnings for the Third Quarter of 2017
October 27, 2017 9:52 AM EDTNORTH LIBERTY, Iowa, Oct. 27, 2017 (GLOBE NEWSWIRE) -- Heartland Express, Inc. (Nasdaq: HTLD) announced today financial results for the three and nine months ended September 30, 2017.
Three months ended September 30, 2017:
Completed the acquisition of Interstate Distributor Co. ("IDC"),Cash balance of $51.3 million, after investing $87.6 million to acquire IDC and $23.3 million for debt assumed and repaid,Net Income of $7.9 million, Basic Earnings per Share of $0.10,Operating Revenue of $182 million a year-over-year increase of 22.0%, Operating Ratio of 92.9% and 91.9% Non-GAAP Adjusted Operating... More