Heartland Express reports Q2 EPS (14c), consensus (7c)

Reports Q2 revenue $210.387M, consensus $229.59M. Heartland Express (HTLD) 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 what we perceive as unsustainable pricing in many markets and rising operating costs, continue to be a significant headwind for us and all of those operating in our industry. Despite the operating loss during the quarter, we continue to have positive cash flows from operations. We remain confident in the future and our operating model and as a result we invested in our fleet, reduced our debt and financing leases, and repurchased 1 million shares of our common stock during the three months ended June 30, 2025.”