Market Overview

Hub Group: Q3 Earnings Insights

Share:

Shares of Hub Group (NASDAQ:HUBG) were flat in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share decreased 23.71% over the past year to $0.74, which beat the estimate of $0.63.

Revenue of $924,812,000 rose by 1.26% year over year, which beat the estimate of $877,710,000.

Looking Ahead

Hub Group hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Oct 29, 2020

Time: 05:00 PM

ET Webcast URL: https://www.yourconferencecenter.com/confcenter/PinCode/Pin_Code.aspx?100374&o=UoFySzAUurCzrH

Recent Stock Performance

Company's 52-week high was at $60.41

Company's 52-week low was at $36.51

Price action over last quarter: down 6.33%

Company Description

Hub Group ranks among the largest asset-light providers of rail intermodal service. Following the August 2018 divestiture of logistics provider Mode, which was run separately, its core operating units are intermodal, which uses the Class I rail carriers for the underlying line-haul movement of containers (57% of sales); highway brokerage (15%); Unyson Logistics, which provides outsourced transportation management services (19%); and Hub Dedicated (9%), an asset-based full-truckload carrier.

 

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Posted-In: Earnings