---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-24-002241"
form_type: "8-K"
ticker: "HUBG"
cik: "0000940942"
company_name: "Hub Group, Inc."
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T09:06:04.224532+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Hub Group Q1 EPS $0.44 vs $0.94 YoY; revenue falls to $1.0B; FY guidance $1.80-$2.25

## Summary
- 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.

## SEC filing metadata
- accession: 0001171843-24-002241
- form_type: 8-K
- ticker: HUBG
- cik: 0000940942
- company_name: Hub Group, Inc.
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/940942/000117184324002241/0001171843-24-002241-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/940942/000117184324002241/f8k_042524.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-24-002241
- JSON: https://secwatch.observer/filing/0001171843-24-002241.json
- Plain text: https://secwatch.observer/filing/0001171843-24-002241.txt

## Key facts
- Earnings Releases
  Hub Group, Inc. reported first quarter 2024 results: revenue $1.0 billion, net income $27 million, EPS $0.44 per diluted share. Guidance reaffirmed.
  - Period: first quarter 2024
  - Revenue: $1.0 billion
  - Net income: $27 million
  - EPS: $0.44 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: EdgarFiling EXHIBIT 99.1 Hub Group, Inc. Reports First Quarter 2024 Results Highlights: Diluted earnings per share (EPS) of $0.44 for the quarter First quarter revenue of $1.0 billion GAAP Quarterly operating income of $37 million (3.7% of revenue) Executing on Capital Allocation Plan including completing our stock split, purchasing $26 million of shares
  evidence_url: https://www.sec.gov/Archives/edgar/data/940942/000117184324002241/0001171843-24-002241-index.htm

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