Heartland Express predicts solid earnings

Truckload carrier Heartland Express, based in Coralville, IA, expects to report earnings per share for the fourth quarter of 2001that will range from 30- to 31-cents per share, with earnings per share for the year expected to range from $1.18 to $1.19. The carrier added that it believes the consensus of the five stock analysts with published estimates is 27 cents for the quarter and $1.15 for the
Jan. 11, 2002
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Truckload carrier Heartland Express, based in Coralville, IA, expects to report earnings per share for the fourth quarter of 2001that will range from 30- to 31-cents per share, with earnings per share for the year expected to range from $1.18 to $1.19.

The carrier added that it believes the consensus of the five stock analysts with published estimates is 27 cents for the quarter and $1.15 for the year ended December 31, 2001.

Russell Gerdin, CEO and principle stockholder of Heartland, added in a separate filing with the Securities and Exchange Commission that he and his Gerdin Charitable Foundation plan to offer 3,450,000 shares in company common stock for sale.

About the Author

Sean Kilcarr

Editor in Chief

Sean Kilcarr is a former longtime FleetOwner senior editor who wrote for the publication from 2000 to 2018. He served as editor-in-chief from 2017 to 2018.

 

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