secwatch.observer — SEC 8-K summary
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Issuer:     Hub Group, Inc. (HUBG)
CIK:        0000940942
Form:       8-K
Filed at:   2023-07-27T23:59:59+00:00
Accession:  0001171843-23-004741
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hub Group Q2 EPS $1.44, revenue $1.0B; net income down 54% YoY
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/940942/000117184323004741/0001171843-23-004741-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/940942/000117184323004741/f8k_072723.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-004741

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