---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-000634"
form_type: "8-K"
ticker: "HUBG"
cik: "0000940942"
company_name: "Hub Group, Inc."
filed_at: "2023-02-02T23:59:59+00:00"
generated_at: "2026-06-20T03:15:02.210923+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hub Group Q4 EPS $2.42, FY EPS $10.64, revenue $5.3B; guides FY23 EPS $7.00-$8.00

## Summary
- 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.

## SEC filing metadata
- accession: 0001171843-23-000634
- form_type: 8-K
- ticker: HUBG
- cik: 0000940942
- company_name: Hub Group, Inc.
- filed_at: 2023-02-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/940942/000117184323000634/0001171843-23-000634-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/940942/000117184323000634/f8k_020223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-000634
- JSON: https://secwatch.observer/filing/0001171843-23-000634.json
- Plain text: https://secwatch.observer/filing/0001171843-23-000634.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/940942/000117184323000634/0001171843-23-000634-index.htm
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/940942/000117184323000634/0001171843-23-000634-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.