earnings
confidence high
sentiment negative
materiality 0.75
Hub Group Q2 EPS $0.47 vs $0.72 YoY; revenue down 5.2% to $986M
Hub Group, Inc.
2024-Q2 EPS reported
$0.91
revenue$1,985,988,000
- Net income $29M ($0.47 diluted EPS) vs $47M ($0.72) in Q2 2023.
- Revenue $986M, down 5.2% from $1.04B on lower revenue per load in Intermodal and Brokerage.
- Intermodal volume grew 8%; ITS segment op income $14M (2.4% of revenue) vs $32M.
- Logistics segment revenue $459M (+$6M), op income $26M (5.6% of revenue).
- FY2024 EPS guidance $1.75-$2.05; revenue outlook $4.0-$4.3B; returned $48M to shareholders YTD.