Hub Group Reports Light Revenue Number (HUBG)

Hub Group Inc.

reports Q3 earnings of $0.34 versus consensus of $0.33. Hub Group Inc. reports revenues of $478 million versus consensus of $486.87 million. Revenues increased 23.2% year over year. "We are pleased with our third quarter results which include continued volume growth along with improving margins," commented David P. Yeager, Chairman and Chief Executive Officer. "Our intermodal, truck brokerage and logistics revenue each grew by more than 15% and, for the second quarter in a row, we increased our intermodal volume by more than 20%. We look forward to a strong finish to the year." Shares of HUBG are lower in the after-hours by 0.24%.