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Dec 31, 2020
Heartland Express Q4 2020 Earnings Report
Reported revenues, earnings, and record high stockholders' equity.
Key Takeaways
Heartland Express reported strong Q4 2020 results with increased net income and basic earnings per share, driven by operating and margin improvements at Millis Transfer, despite a decrease in operating revenues due to less miles driven.
Net income reached $17.7 million with basic earnings per share of $0.22.
Operating revenue totaled $155.8 million.
Operating income increased by 34.6% over 2019, reaching $23.8 million.
The company's cash balance stood at $113.9 million, maintaining a debt-free balance sheet.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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