Heartland Express Q3 Results Top Estimates
(RTTNews) - 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.
Operating revenue for the quarter surged 79.5 percent to an all-time record of $274.0 million from $152.6 million in the same quarter last year.
On average, analysts polled by Thomson Reuters expected the company to report earnings of $0.30 per share on revenues of $245.92 million for the quarter. Analysts' estimates typically exclude special items.
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Heartland Express Slips To Loss In Q2, But Tops Estimates
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.
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Frozen Chicken & Cheese Taquitos Sold At ALDI Stores Recalled
Valencia, California-based Bestway Sandwiches Inc. has called back around 24,870 pounds of frozen chicken and cheese taquito products citing the potential to be contaminated with foreign material, specifically metal, according to the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS.
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Asian Markets A Sea Of Red
Asian stock markets are a sea of red on Monday, following the broadly negative cues from Wall Street on Friday, as stronger than expected US employment data weighed heavily on the outlook for interest rates. It raised concerns the US Fed will likely hold interest rates at current levels or slow down the pace of reductions. Rising bond yields also hurt. Asian markets closed mostly lower on Friday.
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Indian Shares Likely To Open Lower On Weak Global Cues
Lower GIFT Nifty futures, and weak global cues amid uncertainty about the outlook for interest rate cuts by the Federal Reserve following upbeat non-farm payroll data point to a negative start for Indian shares on Monday.
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Australian Market Drifts Further Lower In Mid-market
The Australian stock market is drifting further lower in mid-market trading on Monday, also adding to the losses in the previous two sessions, with the benchmark S&P/ASX 200 index falling well below 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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Thai Stock Market Expected To Open In The Red
The Thai stock market on Friday snapped the two-day slide in which it had stumbled almost 30 points or 2.2 percent. The Stock Exchange of Thailand now sits just beneath the 1,370-point plateau although it figures to head south again on Monday.
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Indonesia Bourse May Hand Back Friday's Gains
The Indonesia stock market on Friday wrote a finish to the two-day slide in which it had slumped almost 20 points or 0.3 percent. The Jakarta Composite Index now sits just beneath the 7,090-point plateau although it's expected to turn lower again on Monday.
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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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