earnings
confidence high
sentiment negative
materiality 0.70
Heartland Express Q1 net loss $13.9M; revenue down 19% to $219.4M
HEARTLAND EXPRESS INC
2025-Q1 EPS reported
-$0.18
revenue$219,420,000
- Operating revenue $219.4M, down 19% YoY from $270.3M; net loss $13.9M ($0.18 per share) vs $15.1M loss in Q1 2024.
- Operating ratio worsened to 106.8% from 105.3%; Non-GAAP adjusted operating ratio 107.1%.
- CEO Mike Gerdin cites adverse weather, tariff uncertainties, and industry cost inflation; fleet being strategically shrunk.
- Cash $23.9M, debt $199.6M; no revolver borrowings; net cash from ops $25.8M.
- Dividend of $0.02/sh paid; no share repurchases in Q1; 2025 net capex expected $40-50M.