secwatch.observer — SEC 8-K summary
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Issuer:     Hub Group, Inc. (HUBG)
CIK:        0000940942
Form:       8-K
Filed at:   2023-04-27T23:59:59+00:00
Accession:  0001171843-23-002642
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hub Group Q1 net income $62M ($1.88 EPS); revenue $1.2B, down from $1.3B YoY
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- Revenue $1.2B (second-highest Q1); operating income $78M (6.8% of revenue).
- Diluted EPS $1.88 vs $2.58 in Q1 2022; EBITDA (non-GAAP) $124M.
- ITS segment revenue $709M (-9% YoY); intermodal volume down 12%.
- Logistics segment revenue $469M (-13% YoY); operating margin improved to 6.1%.
- FY 2023 EPS guidance $6.00-$7.00; revenue outlook $4.6-$4.8B; capex $140-$150M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/940942/000117184323002642/0001171843-23-002642-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/940942/000117184323002642/f8k_042723.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-002642

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