NASDAQ$HTLD
Heartland Express Inc · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Reported revenues, earnings, and record high stockholders' equity.
Heartland Express reported a strong first quarter in 2022, with increased net income, operating income, and a record high stockholders' equity, driven by overall operating efficiency and the ability to grow the cash balance.
- Net income increased to $16.8 million, with basic earnings per share of $0.21, a 25.3% increase compared to 2021.
- Operating revenue reached $151.3 million.
- Operating income rose to $22.4 million, a 22.5% increase compared to 2021.
- The company achieved an operating ratio of 85.2% and a non-GAAP adjusted operating ratio of 82.4%.
Headline financials
Revenue & EPS history
Heartland Express · Revenue · Quarterly
$151M
Revenue by segment
Heartland Express · $19.5M total across 1 segment · Q1 2020
- Fuel Surcharge$19.5M+14.7%100.0%
Forward guidance
Heartland Express anticipates volatile freight demand throughout 2022 but at volumes that will continue to exceed their available capacity.
Tailwinds
- Freight demand has continued to be strong.
- Significantly more opportunities to haul freight than we are able to cover with our existing fleet and available drivers.
- Expect volatile freight demand throughout 2022 but at volumes that will continue to exceed our available capacity.
- Company continues to explore and analyze the best strategic opportunities available for company and stockholders.
- Company believes they continue to be well positioned for the future with a great team, efficient operations, and a strong balance sheet.
Headwinds
- Freight demand has reached lower levels during the first quarter.
- Hiring and retention challenges continue to exist for company and the entire industry.
- Market challenges of pricing and availability.
- Expect more significant capital activity in relation to terminal locations during 2022.
- Expects volatile freight demand throughout 2022.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2022
-0.2%
Avg return
Earnings day
-0.1%
Avg return
5 days after
+1.4%
Avg return
30 days after
46%
32 / 69 earnings
Positive
+12.7%
Q2 2018
Best reaction
-14.0%
Q3 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.4% | +10.2% | +19.3% | |
| Q4 2025 | +3.1% | +6.5% | +0.4% | |
| Q3 2025 | -1.1% | -3.1% | -1.9% | |
| Q2 2025 | -1.4% | +0.0% | +0.5% | |
| Q1 2025 | +1.3% | +9.1% | +3.6% | |
| Q4 2024 | -2.2% | -3.1% | -13.7% | |
| Q3 2024 | -3.0% | -4.1% | +10.4% | |
| Q2 2024 | +2.7% | +5.7% | -2.2% | |
| Q1 2024 | +0.5% | +0.8% | +10.2% | |
| Q4 2023 | -1.7% | -4.1% | -4.8% | |
| Q3 2023 | -14.0% | -18.9% | -7.8% | |
| Q2 2023 | -7.8% | -7.5% | -9.8% | |
| Q1 2023 | -0.1% | +0.2% | +8.6% | |
| Q4 2022 | -7.2% | -7.5% | -4.2% | |
| Q3 2022 | -8.0% | -7.2% | +9.8% | |
| Q2 2022 | +5.1% | +9.0% | +10.4% | |
| Q1 2022 | +3.9% | +4.7% | +1.5% | |
| Q4 2021 | -0.7% | -1.3% | -8.9% | |
| Q3 2021 | +1.7% | +2.5% | +6.6% | |
| Q2 2021 | -1.1% | -0.7% | -0.8% | |
| Q1 2021 | -2.7% | -5.6% | -6.8% | |
| Q4 2020 | +1.9% | +3.0% | -1.5% | |
| Q3 2020 | -7.7% | -6.3% | -6.7% | |
| Q2 2020 | +6.3% | +3.2% | -0.6% | |
| Q1 2020 | +1.6% | +5.9% | +8.1% | |
| Q4 2019 | -4.1% | -6.8% | -1.9% | |
| Q3 2019 | -6.4% | -2.4% | -4.0% | |
| Q2 2019 | +7.0% | +6.5% | +5.7% | |
| Q1 2019 | +5.9% | +4.8% | +1.3% | |
| Q4 2018 | -1.0% | -0.5% | +5.0% | |
| Q3 2018 | +5.6% | +1.3% | +6.9% | |
| Q2 2018 | +12.7% | +7.0% | +7.2% | |
| Q1 2018 | +1.1% | -0.4% | +5.1% | |
| Q4 2017 | +3.5% | -0.4% | -6.5% | |
| Q3 2017 | -11.0% | -12.2% | -11.3% | |
| Q2 2017 | -2.0% | -1.0% | +5.5% | |
| Q1 2017 | +5.3% | +6.0% | -1.3% | |
| Q4 2016 | -2.0% | -0.7% | -0.5% | |
| Q3 2016 | -0.7% | -0.2% | +18.2% | |
| Q2 2016 | +2.7% | +2.6% | +6.4% | |
| Q1 2016 | +9.3% | — | — | |
| Q4 2015 | +4.6% | — | — | |
| Q3 2015 | -12.7% | — | — | |
| Q2 2015 | +10.6% | — | — | |
| Q1 2015 | -5.7% | — | — | |
| Q4 2014 | -4.9% | — | — | |
| Q3 2014 | -3.8% | — | — | |
| Q2 2014 | +8.6% | — | — | |
| Q1 2014 | -3.6% | — | — | |
| Q4 2013 | +0.9% | — | — | |
| Q3 2013 | +2.0% | — | — | |
| Q2 2013 | -0.1% | — | — | |
| Q1 2013 | +0.2% | — | — | |
| Q4 2012 | +4.1% | — | — | |
| Q3 2012 | +0.4% | — | — | |
| Q2 2012 | -0.1% | — | — | |
| Q1 2012 | +1.7% | — | — | |
| Q4 2011 | -0.9% | — | — | |
| Q3 2011 | -1.2% | — | — | |
| Q2 2011 | -7.4% | — | — | |
| Q1 2010 | -2.8% | — | — | |
| Q1 2011 | +1.8% | — | — | |
| Q4 2008 | -2.4% | — | — | |
| Q4 2010 | -2.4% | — | — | |
| Q3 2010 | -0.7% | — | — | |
| Q3 2009 | -0.7% | — | — | |
| Q2 2010 | +1.5% | — | — | |
| Q2 2009 | +1.5% | — | — | |
| Q4 2009 | +1.5% | — | — |
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