secwatch.observer — SEC 8-K summary
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Issuer:     Hub Group, Inc. (HUBG)
CIK:        0000940942
Form:       8-K
Filed at:   2021-10-28T23:59:59+00:00
Accession:  0001171843-21-007271
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hub Group Q3 net income $43M, EPS $1.28 up 73% YoY; guides FY21 EPS $3.90-$4.00
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- Record Q3 revenue $1.1B (+16% YoY); operating income $60M (5.6% margin) vs $34M.
- Diluted EPS $1.28 vs $0.74 YoY; net income $43M; EBITDA (non-GAAP) $92M.
- Intermodal revenue +17% to $633M on 26% revenue/load increase; volume down 8% on congestion.
- Acquired Choptank Transport in Oct for ~$130M cash plus $20M restricted stock; expands brokerage and refrigerated.
- Raises FY2021 EPS guidance to $3.90-$4.00; expects high-teens revenue growth, gross margin 13.3%-13.7%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/940942/000117184321007271/0001171843-21-007271-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/940942/000117184321007271/f8k_102821.htm
  HTML page:      https://secwatch.observer/filing/0001171843-21-007271

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer