secwatch.observer — SEC 8-K summary
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Issuer:     Hub Group, Inc. (HUBG)
CIK:        0000940942
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0001171843-24-004356
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hub Group Q2 EPS $0.47 vs $0.72 YoY; revenue down 5.2% to $986M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/940942/000117184324004356/0001171843-24-004356-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/940942/000117184324004356/f8k_080124.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-004356

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