Heartland Express Slips To Loss In Q2, But Tops Estimates
(RTTNews) - Heartland Express, Inc. (HTLD) reported Tuesday a net loss of $3.48 million or $0.04 per share for the second quarter, compared to net income of $7.77 million or $0.10 per share in the prior-year quarter.
Operating revenue for the quarter declined to $274.75 million from $306.17 million in the same quarter last year.
On average, analysts polled by Thomson Reuters expected the company to report a loss of $0.06 per share on revenues of $275.13 million for the quarter. Analysts' estimates typically exclude special items.
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Heartland Express Q3 Results Top Estimates
Heartland Express, Inc. (HTLD) reported Wednesday that net income for the third quarter edged down to $24.42 million from $24.47 million in the prior-year quarter, with earnings per share remaining flat with last year at $0.31.
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Thai Stock Market Expected To Open In The Red
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Indonesia Bourse May Hand Back Friday's Gains
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Australian Market Significantly Lower
The Australian stock market is currently trading significantly lower on Monday, extending the losses in the previous two sessions, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling to near the 8,200.00 level, with weakness in financial and technology stocks, partially offset by gains in mining and energy stocks amid spiking commodity prices.
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Hong Kong Shares Tipped To Open To The Downside
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Lower Open Anticipated For China Stock Market
The China stock market has moved lower in two straight sessions, slumping more than 60 points or 2 percent in that span. The Shanghai Composite Index now sits just beneath the 3,170-point plateau and it's expected to see continued consolidation again on Monday.
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Taiwan Shares Likely To Start Under Water On Monday
The Taiwan stock market has moved lower in three straight sessions, dropping almost 650 points or 2.7 percent along the way. The Taiwan Stock Exchange now sits just above the 23,010-point plateau and it's got another soft lead for Monday's trade.
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Losing Streak May Continue For Singapore Stock Market
The Singapore stock market has finished lower in back-to-back sessions, giving away more than 85 points or 2.2 percent along the way. The Straits Tines Index now rests just above the 3,800-point plateau and it may take further damage again on Monday.
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