Heartland Express Profit Declines 30% In Q2

(RTTNews) - Heartland Express (HTLD) announced earnings for second quarter that retreated from last year.

The company said its earnings came in at $16.37 million, or $0.20 per share. This was down from $23.32 million, or $0.27 per share, in last year's second quarter.

Analysts had expected the company to earn $0.20 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 16.1% to $160.79 million. This was down from $191.68 million last year.

Heartland Express earnings at a glance:

-Earnings (Q2): $16.37 Mln. vs. $23.32 Mln. last year. -Earnings Decline (Y-o-Y): -29.8% -EPS (Q2): $0.20 vs. $0.27 last year. -EPS Decline (Y-o-Y): -25.9% -Analysts Estimate: $0.20 -Revenue (Q2): $160.79 Mln vs. $191.68 Mln last year. -Revenue Change (Y-o-Y): -16.1%