earnings
confidence high
sentiment negative
materiality 0.75
Heartland Express reports Q4 net loss of $1.9M and FY2024 operating loss of $20.2M
HEARTLAND EXPRESS INC
2024-FY EPS reported
-$0.38
revenue$1,047,511,000
- Q4 2024 net loss of $1.9M ($0.02 loss per share) vs net income $5.1M in Q4 2023.
- FY2024 operating loss $20.2M, net loss $29.7M ($0.38 per share) vs net income $14.8M in 2023.
- Q4 operating revenue $242.6M down from $275.3M; fuel surcharge fell to $28.0M from $39.7M.
- Debt reduced $100.3M in 2024; total debt $200.7M at Dec 31, 2024; $88.3M credit line available.
- CEO noted 570 bps improvement in consolidated operating ratio from Q1 2024 to Q4 2024 (99.6%).