{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-23-004741","form_type":"8-K","ticker":"HUBG","cik":"0000940942","company_name":"Hub Group, Inc.","filed_at":"2023-07-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.097017+00:00","generated_at":"2026-06-13T02:01:21.644413+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Hub Group Q2 EPS $1.44, revenue $1.0B; net income down 54% YoY","bullets":["Net income $47M ($1.44 diluted EPS) vs $103M ($3.03) a year ago.","Revenue $1.0B, down 29% from $1.4B in Q2 2022.","Operating income $62M (6.0% of revenue) vs $138M (9.8%); EBITDA $108M.","Intermodal volume fell 17% YoY; Logistics segment operating income $30M (6.7% of revenue).","FY2023 EPS guidance $5.80-$6.40, revenue $4.3-$4.5B; repurchased $100M of shares."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-23-004741","json":"https://secwatch.observer/filing/0001171843-23-004741.json","markdown":"https://secwatch.observer/filing/0001171843-23-004741.md","text":"https://secwatch.observer/filing/0001171843-23-004741.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/940942/000117184323004741/0001171843-23-004741-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/940942/000117184323004741/f8k_072723.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T02:01:21.644413+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5caaae21eeb5be4480c0e0d19fdcd065ead17d3d","claim":"Hub Group, Inc. reported second quarter 2023 results: revenue $1.0 billion, net income $47 million, EPS $1.44 per diluted share.","evidence_excerpt":"Highlights: Diluted earnings per share (EPS) of $1.44 for the quarter Second quarter revenue of $1.0 billion Quarterly operating income of $62 million (6.0% of revenue) driven by performance of our Logistics Segment Continued focus on return of capital with $100 million of shares repurchased in the quarter Exceptionally strong balance sheet, ending the quarter with cash and cash equivalents of $342 million OAK BROOK, Ill., July 27, 2023 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) announced second quarter 2023 net income of $47 million, and diluted earnings per share of $1.44.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/940942/000117184323004741/0001171843-23-004741-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter 2023"},{"label":"Revenue","value":"$1.0 billion"},{"label":"Net income","value":"$47 million"},{"label":"EPS","value":"$1.44 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"c9bb2e36ec1acd219a5cfa96aa44aaf7afd3435d","claim":"Hub Group, Inc. reported 2023 results: revenue $4.3 to $4.5 billion, EPS $5.80 to $6.40 per diluted share. Guidance initiated.","evidence_excerpt":"2023 Outlook We expect our 2023 diluted earnings per share will range from $5.80 to $6.40. We estimate revenue will range from $4.3 to $4.5 billion.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/940942/000117184323004741/0001171843-23-004741-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"2023"},{"label":"Revenue","value":"$4.3 to $4.5 billion"},{"label":"EPS","value":"$5.80 to $6.40 per diluted share"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}