earnings
confidence high
sentiment negative
materiality 0.70
Hub Group Q1 EPS $0.44 vs $0.94 YoY; revenue falls to $1.0B; FY guidance $1.80-$2.25
Hub Group, Inc.
2024-Q1 EPS reported
$0.44
revenue$999,493,000
- Q1 2024 diluted EPS $0.44 vs $0.94 a year ago; net income $27M vs $62M.
- Revenue $1.0B, down from $1.2B YoY; operating income $37M (3.7% of revenue).
- Final Mile acquisition added $64M revenue; integration ahead of expectations.
- FY 2024 EPS guidance $1.80-$2.25; revenue $4.3-$4.7B; capex $45-65M.
- Repurchased $26M shares and paid first quarterly dividend of $0.125/share.