Hub Group Q2 EPS doubles to $0.78, revenue +26%; raises FY2021 EPS guide to $3.50-$3.70

Hub Group, Inc.

2021-Q2 EPS reported $1.30 revenue$1,900,873,000

Q2 2021 diluted EPS $0.78 (vs $0.39 YoY), net income $26.6M; revenue $981M (+26%).
Intermodal revenue $550M (+23% YoY) on 7% volume growth and 15% higher revenue per load.
Truck brokerage revenue surged 62% to $140M, driven by 55% increase in revenue per load.
FY2021 diluted EPS guidance raised to $3.50-$3.70; revenue expected to grow high-teens %.
Long-term target: $5.5-$6.5B revenue by 2025, operating margin 4.0%-5.5%.

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