Volatile Movements: Heartland Express, Inc. (NASDAQ:HTLD), KAR Auction Services Inc (NYSE:KAR), Pra Group Inc (NASDAQ:PRAA)

On Friday, Shares of Heartland Express, Inc. (NASDAQ:HTLD), added 4.52% and closed at $21.27 in the last trading session. The last trading range of the stock ranges between $20.54 and $21.33. Heartland Express, Inc. (HTLD) declared that on Tuesday, November 8, 2016, John Cosaert, Chief Financial Officer and Chris Strain, Controller will present at the Stephens 2016 Fall Investment Conference in New York, New York at about 9:00 am (EST).

Heartland Express is an irregular route truckload carrier based in North Liberty, Iowa serving customers with shipping lanes throughout the United States.  Heartland focuses on medium to short haul regional freight, offering shippers industry leading on-time service so they can achieve their planned aims for their customers.

KAR Auction Services Inc (NYSE:KAR), jumped 1.78% and closed at $39.35 in the last trading session. The last trading range of the stock ranges between $38.39 and $39.43. The company’s Market capitalization is $5.53 Billion with the total Outstanding Shares of 138.16 million. KAR Auction Services, Inc. (KAR), recently stated its third quarter financial results for the period ended September 30, 2016. For the third quarter of 2016, the company stated revenue of $773.8 million as contrast with revenue of $666.7 million for the third quarter of 2015, a boost of 16%. Net income for the third quarter of 2016 raised 4% to $54.4 million, or $0.39 per diluted share, as contrast with net income of $52.3 million, or $0.37 per diluted share, in the third quarter of 2015. Adjusted EBITDA for the quarter ended September 30, 2016 raised 13% to $184.8 million, as contrast with Adjusted EBITDA of $163.1 million for the quarter ended September 30, 2015. Operating adjusted net income per diluted share raised 6% to $0.50 for the quarter ended September 30, 2016, as contrast with operating adjusted net income per diluted share of $0.47 for the quarter ended September 30, 2015.

For the nine months ended September 30, 2016, the company stated revenue of $2,290.6 million as contrast with revenue of $1,957.4 million for the nine months ended September 30, 2015, a boost of 17%. Net income for the nine months ended September 30, 2016 raised 6% to $176.9 million, or $1.27 per diluted share, as contrast with net income of $166.3 million, or $1.16 per diluted share, in the first nine months of 2015. Adjusted EBITDA for the nine months ended September 30, 2016 raised 15% to $571.4 million, as contrast with Adjusted EBITDA of $495.3 million for the nine months ended September 30, 2015. Operating adjusted net income per diluted share raised 11% to $1.61 for the nine months ended September 30, 2016, as contrast with operating adjusted net income per diluted share of $1.45 for the nine months ended September 30, 2015.

Pra Group Inc (NASDAQ:PRAA), jumped 0.98% and closed at $31.00 in the last trading session. The last trading range of the stock ranges between $30.50 and $31.20.The company stock’s 52-week range is $20.00 – $42.03. PRA Group, Inc. (PRAA), a global leader in acquiring and collecting nonperforming loans, recently stated its financial results for the third quarter of 2016.  The company stated diluted earnings per share of $0.74 as compared to $0.36 in the third quarter of 2015 and non-GAAP diluted earnings per share of $0.68 for the third quarter of 2016 contrast to $0.85 for the year-ago quarter. Non-GAAP financial results are presented in constant currency with the third quarter of 2015 and exclude items unrelated to normal operations.  A reconciliation of all non-GAAP financial measures to the most directly comparable GAAP financial measure can be found at the end of this press release.

Third Quarter Highlights

Estimated remaining collections of $5.25 billion.

Cash collections of $371.7 million, currency adjusted cash collections of $377.0 million.

Total revenues of $222.0 million, currency adjusted revenues of $224.2 million.

Income from operations of $67.5 million, non-GAAP income from operations of $69.8 million.

Net income of $34.3 million, non-GAAP net income of $31.7 million.

Return on average equity, annualized, of 15.1%, non-GAAP return on average equity, annualized, of 14.0%.

$161.3 million in investments.

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