---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-006472"
form_type: "8-K"
ticker: "HUBG"
cik: "0000940942"
company_name: "Hub Group, Inc."
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T09:31:43.760894+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Hub Group Q3 EPS $0.97 vs $2.61 YoY; revenue $1.0B; announces dividend, stock split, $250M buyback

## Summary
- Revenue $1.0B vs $1.4B YoY; operating income $43M (4.2% of rev) vs $118M (8.7%).
- ITS segment intermodal volume down 16% YoY; Logistics segment contributed 70% of operating income.
- Capital plan includes 2:1 stock split (Jan 2024), quarterly dividend $0.50/year, $250M buyback.
- 2023 guidance: diluted EPS $5.30-$5.40, revenue ~$4.2B, capex $140-$150M.
- Cash and equivalents $401M at quarter end; EBITDA (non-GAAP) $88M.

## SEC filing metadata
- accession: 0001171843-23-006472
- form_type: 8-K
- ticker: HUBG
- cik: 0000940942
- company_name: Hub Group, Inc.
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/940942/000117184323006472/0001171843-23-006472-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/940942/000117184323006472/f8k_102623.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-006472
- JSON: https://secwatch.observer/filing/0001171843-23-006472.json
- Plain text: https://secwatch.observer/filing/0001171843-23-006472.txt

## Key facts
- Earnings Releases
  Hub Group, Inc. reported third quarter 2023 results: revenue $1.0 billion, net income $30 million, EPS $0.97. Guidance reaffirmed.
  - Period: third quarter 2023
  - Revenue: $1.0 billion
  - Net income: $30 million
  - EPS: $0.97
  - Guidance: reaffirmed
  - Result: reported results
  source text: 2 exh_991.htm PRESS RELEASE EdgarFiling EXHIBIT 99.1 Hub Group, Inc. Reports Third Quarter 2023 Results Highlights: Diluted earnings per share (EPS) of $0.97 and revenue of $1.0 billion for the quarter Quarterly operating income of $43 million (4.2% of revenue) driven by performance of our Logistics Segment Exceptionally strong balance sheet, ending the quarter
  evidence_url: https://www.sec.gov/Archives/edgar/data/940942/000117184323006472/0001171843-23-006472-index.htm

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