secwatch.observer — SEC 8-K summary
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Issuer:     Hub Group, Inc. (HUBG)
CIK:        0000940942
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0001171843-24-002241
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/940942/000117184324002241/0001171843-24-002241-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/940942/000117184324002241/f8k_042524.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-002241

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