Barclays analyst Brandon Oglenski downgrades Heartland Express (NASDAQ:HTLD) from Equal-Weight to Underweight and lowers the price target from $17 to $15.
Heartland Express (NASDAQ:HTLD) reported its Q4 earnings results on Thursday, January 20, 2022 at 09:00 AM.
Here's what investors need to know about the announcement.
Heartland Express (NASDAQ:HTLD) reported quarterly earnings of $0.26 per share. This is a 18.18 percent increase over earnings of $0.22 per share from the same period last year. The company reported $148.10 million in
Barclays analyst Brandon Oglenski updated the price targets for several transportation companies.
The analyst mentions that the pricing remains key as the supply-driven volume recovery likely pushed out for the North American transportation sector.
Third-quarter earnings season is off to a good start for truckload carriers and transportation companies with exposure to the mode. A key concern for the group was whether or not rate increases would offset cost inflation and allow for continued margin improvement; so far they have.
Heartland Express, Inc. (NASDAQ:HTLD) reported a third-quarter FY21 revenue decline of 6% year-over-year to $152.61 million, missing the consensus of $159.41…
Heartland Express (NASDAQ:HTLD) reported quarterly earnings of $0.31 per share. This is a 24 percent increase over earnings of $0.25 per share from the same period last year. The company reported $152.60 million in