{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-24-000520","form_type":"8-K","ticker":"HUBG","cik":"0000940942","company_name":"Hub Group, Inc.","filed_at":"2024-02-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.369605+00:00","generated_at":"2026-06-06T12:38:13.818583+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 Q4 2023 EPS $0.46; revenue drops to $1.0B; guides FY24 EPS $2.00-$2.50","bullets":["Q4 net income $29M, diluted EPS $0.46 (post-split); adjusted EPS $0.54 excluding $5.1M acquisition costs.","Full-year 2023 revenue $4.2B, down 21% YoY; Q4 revenue $1.0B, down from $1.3B.","ITS segment Q4 revenue $576M, operating margin 2.1%; Logistics segment revenue $438M, operating margin 3.9%.","Completed acquisition of Forward Air Final Mile in Dec 2023; purchased $26M of shares in Q4.","FY2024 guidance: revenue $4.6B-$5.0B, diluted EPS $2.00-$2.50, capex $55M-$75M."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-24-000520","json":"https://secwatch.observer/filing/0001171843-24-000520.json","markdown":"https://secwatch.observer/filing/0001171843-24-000520.md","text":"https://secwatch.observer/filing/0001171843-24-000520.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/940942/000117184324000520/0001171843-24-000520-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/940942/000117184324000520/f8k_020124.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T12:38:13.818583+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":"a8c8d7a759124aaf145a661ca3f2a08418ea2468","claim":"Hub Group, Inc. reported fourth quarter 2023 results: revenue $1.0 billion, net income $29 million, EPS $0.46.","evidence_excerpt":"for acquisition related expenses of $5.1 million, Q4 adjusted EPS (non-GAAP) of $0.54 and $2.68 for full year Full year revenue of $4.2 billion; Fourth quarter revenue of $1.0 billion GAAP Quarterly operating income of $29 million (3.0% of revenue) Significantly increased our Final Mile business heading into 2024 through the acquisition of Forward Air Final","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/940942/000117184324000520/0001171843-24-000520-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter 2023"},{"label":"Revenue","value":"$1.0 billion"},{"label":"Net income","value":"$29 million"},{"label":"EPS","value":"$0.46"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"d43788b5ede65139b2fef7bd7f5918c22bee1033","claim":"Hub Group, Inc. reported 2024 results: revenue $4.6 to $5.0 billion, EPS $2.00 to $2.50. Guidance initiated.","evidence_excerpt":"We expect our 2024 diluted earnings per share will range from $2.00 to $2.50. We estimate revenue will be approximately $4.6 to $5.0 billion.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/940942/000117184324000520/0001171843-24-000520-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"2024"},{"label":"Revenue","value":"$4.6 to $5.0 billion"},{"label":"EPS","value":"$2.00 to $2.50"},{"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"}