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1/24/2011 Heartland Express 4Q Earnings Up 44%


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Heartland Express, North Liberty, Iowa, reported revenues up 13 percent and net income up 44 percent for the fourth quarter of 2010 compared to a year earlier. For 2010, revenues and net income were both up about 9 percent from 2009.

Operating revenues for the quarter increased 13.2% to $129.2 million from $114.2 million in the fourth quarter of 2009. Net income was $15.4 million compared to $10.7 million in the 2009 period, a 43.9% increase. Earnings per share increased 41.7% to $0.17 from $0.12 reported in the fourth quarter of 2009.
Heartland Express 4Q Earnings Up 44% -