Hub Group: Q2 Earnings Snapshot

Associated Press Finance
1 min read
0
In this article:

OAK BROOK, Ill. (AP) — OAK BROOK, Ill. (AP) — Hub Group Inc. (HUBG) on Thursday reported second-quarter earnings of $46.5 million.

The Oak Brook, Illinois-based company said it had profit of $1.44 per share.

The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.41 per share.

The transportation management company posted revenue of $1.04 billion in the period, falling short of Street forecasts. Four analysts surveyed by Zacks expected $1.12 billion.

Hub Group expects full-year earnings to be $5.80 to $6.40 per share, with revenue in the range of $4.3 billion to $4.5 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HUBG at https://www.zacks.com/ap/HUBG

Advertisement

Recommended Stories