earnings
confidence high
sentiment positive
materiality 0.85
Hub Group Q2 EPS $3.03, revenue $1.4B (+43% YoY); raises 2022 outlook to $10.00-$10.50 EPS
Hub Group, Inc.
2022-Q2 EPS reported
$5.61
revenue$2,699,580,000
- Record quarterly revenue of $1.4B, up 43% YoY; net income $103M vs $27M in Q2 2021.
- Diluted EPS of $3.03 (nearly 4x prior year's $0.78); operating income margin 9.8%.
- ITS revenue $873M (+41%), Truck Brokerage $266M (+90% incl. Choptank), Logistics $263M (+18%).
- EBITDA (non-GAAP) $174M; cash and equivalents $298M at June 30.
- Full-year 2022 guidance raised: revenue $5.6-$5.7B, diluted EPS $10.00-$10.50.