NASDAQ$HTLD
Heartland Express Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Reported record results for the second quarter of 2022.
Heartland Express reported a strong second quarter in 2022, with record total assets and stockholders' equity. The acquisition of Smith Transport was immediately accretive to consolidated earnings. The sale of a terminal property positively impacted the quarter, generating a $73.2 million gain.
- Net income for the quarter was $76.9 million.
- Basic earnings per share reached $0.97.
- Operating income amounted to $105.1 million.
- The company's cash balance stood at $171.9 million.
Headline financials
Revenue & EPS history
Heartland Express · Revenue · Quarterly
$188M
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 expects volumes to exceed their available capacity. They remain committed to investments in drivers and are exploring strategic opportunities for the company and its stockholders.
Tailwinds
- Freight demand is expected to exceed available capacity.
- Committed to ongoing investments in drivers.
- Exploring strategic opportunities for the company and its stockholders.
- Well positioned for the future with a great team.
- Efficient operations and a strong balance sheet.
Headwinds
- Freight demand softened sequentially to the first quarter of 2022.
- Expects volatile freight demand throughout 2022.
- Hiring and retention challenges continue to exist.
- Market challenges of pricing and availability.
- Contingent upon the current market challenges of pricing and availability.
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 Q2 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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