secwatch.observer — SEC 8-K summary
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Issuer:     Hub Group, Inc. (HUBG)
CIK:        0000940942
Form:       8-K
Filed at:   2023-10-26T23:59:59+00:00
Accession:  0001171843-23-006472
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/940942/000117184323006472/0001171843-23-006472-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/940942/000117184323006472/f8k_102623.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-006472

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