Heartland Express predicts solid earnings

Jan. 11, 2002
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
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 reports and comments on trends affecting the many different strata of the trucking industry -- light and medium duty fleets up through over-the-road truckload, less-than-truckload, and private fleet operations Also be sure to visit Sean's blog Trucks at Work where he offers analysis on a variety of different topics inside the trucking industry.

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