8-K
filed February 2, 2023, 6:59 PM ET
ticker HUBG
CIK 0000940942
earnings
confidence high
sentiment neutral
materiality 0.75
Hub Group Q4 EPS $2.42, FY EPS $10.64, revenue $5.3B; guides FY23 EPS $7.00-$8.00
Hub Group, Inc.
2022-FY EPS reported
$10.64
revenue$5,340,490,000
- Full year revenue $5.3B (+26% YoY); diluted EPS $10.64 (+110% YoY).
- Q4 net income $79M ($2.42 diluted EPS) vs $84M ($2.48) YoY; revenue $1.3B (+2%).
- Intermodal volume down 12% QoQ; ITS revenue $802M (+5%); Logistics $245M (+9%); Brokerage $238M (-11%).
- 2023 outlook: revenue $5.2-$5.4B, diluted EPS $7.00-$8.00, gross margin 14.5%-15.0%.
- Capital expenditures guided $170-$190M for 2023; Q4 capex $61M.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Hub Group, Inc. reported full year 2022 results: revenue $5.3 billion, net income $357 million, EPS $10.64. Guidance initiated.
- Period
- full year 2022
- Revenue
- $5.3 billion
- Net income
- $357 million
- EPS
- $10.64
- Guidance
- initiated
- Result
- reported results
Exact text from the filing
Hub Group, Inc. Reports Fourth Quarter and Full Year 2022 Results Highlights: Diluted earnings per share (EPS) of $2.42 for the quarter, and $10.64 for the full year which is growth of 110% Full year revenue of $5.3 billion, up 26%, with double-digit growth in all business lines; Fourth quarter revenue of $1.3 billion Quarterly operating income of $104 million (8.1% of revenue) driven by diversification of our business and focus on transportation cost containment, yield management and operating efficiency Ended the quarter with cash and cash equivalents of $287 million Introduced 2023 outlook, with expected revenue of $5.2-$5.4 billion and diluted EPS of $7.00-$8.00 OAK BROOK, Ill., Feb. 02, 2023 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) announced fourth quarter 2022 net income of $79 million, and diluted earnings per share of $2.42. Net income for fourth quarter 2021 was $84 million, or $2.48 per diluted share. Full year 2022 net income was $357 million, or $10.64 per diluted
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Hub Group, Inc. reported fourth quarter 2022 results: revenue $1.3 billion, net income $79 million, EPS $2.42. Guidance initiated.
- Period
- fourth quarter 2022
- Revenue
- $1.3 billion
- Net income
- $79 million
- EPS
- $2.42
- Guidance
- initiated
- Result
- reported results
Exact text from the filing
Hub Group, Inc. Reports Fourth Quarter and Full Year 2022 Results Highlights: Diluted earnings per share (EPS) of $2.42 for the quarter, and $10.64 for the full year which is growth of 110% Full year revenue of $5.3 billion, up 26%, with double-digit growth in all business lines; Fourth quarter revenue of $1.3 billion Quarterly operating income of $104 million (8.1% of revenue) driven by diversification of our business and focus on transportation cost containment, yield management and operating efficiency Ended the quarter with cash and cash equivalents of $287 million Introduced 2023 outlook, with expected revenue of $5.2-$5.4 billion and diluted EPS of $7.00-$8.00 OAK BROOK, Ill., Feb. 02, 2023 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) announced fourth quarter 2022 net income of $79 million, and diluted earnings per share of $2.42.
View on SEC.gov
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