Hub Group

Hub Group, Inc. engages in the provision of multi-modal transportation and logistics solutions. Its solutions include intermodal transportation, truck brokerage, asset trucking, and dedicated trucking. It serves the retail, e-commerce, paper, chemical, healthcare, glass, private equity, and automotive industries. The company was founded by Phillip C. Yeager in 1971 and is headquartered in Oak Brook, IL.

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Hub Group achieves record revenue in 2022, eyes growth opportunities

Hub Group's 2022 performance was robust, with record revenue and strong financial results.
The company's strategic strengths lie in service quality, technology focus, and sustainable margin management.
Challenges include volume declines in intermodal and uncertain customer expectations for 2023.
Opportunities for growth include rail conversion, fleet expansion, M&A activities, and sustained service improvements.

Hub Group navigates mixed Q1 performance with focus on growth

Hub Group's Q1 performance reflects a mix of challenges and strengths across its business segments, with a focus on cost controls and organic growth driving future strategies.
Despite facing headwinds in the Intermodal segment, the company remains confident in its team and strategy to navigate the evolving market landscape successfully.
With a strong balance sheet, strategic acquisitions, and a focus on enhancing service levels, Hub Group is poised to capitalize on growth opportunities and deliver value to shareholders.

Hub Group reports resilient Q2 performance amidst freight industry challenges

Hub Group navigated challenges in the freight industry by leveraging strengths in rail services and dedicated offerings. Despite revenue declines in key segments, the company focused on cost improvements and highlighted a strong pipeline of wins in the logistics segment. Anticipated opportunities included sequential improvement in operating profit and a potential tightening market towards the end of the year.

Hub Group reports resilient Q3 performance and strategic growth focus

Hub Group's Q3 performance reflects steady financials and operational resilience amidst challenges, underpinned by strategic initiatives to drive growth and enhance shareholder value.
The company's strengths in financial stability, shareholder value enhancement, and operational effectiveness position it well for long-term success and navigating market uncertainties.
While facing challenges such as volume declines and market pressures, Hub Group's proactive approach to addressing these hurdles and capitalizing on growth opportunities bodes well for future performance.

Hub Group reports strong 2023 performance and optimistic outlook for 2024

Hub Group's 2023 performance was robust, with strategic priorities achieved and a positive outlook for 2024. While facing challenges such as revenue declines in certain segments and labor issues, the company is well-positioned to capitalize on opportunities like surcharge revenue and market strength. By focusing on cost controls, service improvements, and growth strategies, Hub Group aims to drive profitability and achieve long-term targets.

Hub Group adapts to soft market, eyes growth through diversification

Hub Group navigates soft market conditions by focusing on diversification, cost management, and service enhancement. Despite industry challenges, the company maintains a strong balance sheet and a positive outlook for growth through strategic acquisitions. Opportunities lie in optimizing brokerage strategies, expanding non-asset logistics, and leveraging organic growth in the Final Mile business.

Hub Group reports resilient Q2 performance amidst market challenges

Hub Group's Q2 performance showcased resilience with strong free cash flow generation and minimal net debt. The company navigated challenges in the domestic grade market while focusing on growth opportunities in its intermodal and logistics segments. Management's commitment to service quality and strategic growth positions Hub Group well for the future.

Hub Group reports resilient Q3 performance and eyes growth opportunities

Hub Group's Q3 performance showcased resilience and growth amidst market recovery and strategic initiatives.
While facing challenges in brokerage and Final Mile segments, the company capitalized on strengths in ITS and Logistics.
Anticipated growth in Intermodal volumes and revenue, along with the Mexico joint venture, signal promising opportunities.
Overall, Hub Group remains focused on executing its capital allocation plan and driving growth despite short-term challenges.

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Hub Group, Inc. engages in the provision of multi-modal transportation and logistics solutions. Its solutions include intermodal transportation, truck brokerage, asset trucking, and dedicated trucking. It operates through the Intermodal and Transportation Solutions and Logistics segments. The Intermodal and Transportation Solutions segment offers high service, nationwide door-to-door intermodal transportation, providing value, visibility and reliability in both transcontinental and local lanes by combining rail transportation with local trucking. The Logistics segment includes a wide range of non-asset-based services including transportation management, freight brokerage services, shipment optimization, load consolidation, mode selection, carrier management, load planning and execution, warehousing, fulfillment, cross-docking, consolidation services and final mile delivery. The company was founded by Phillip C. Yeager in 1971 and is headquartered in Oak Brook, IL.

Hub Group (HUBG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Hub Group (HUBG) Q4 Earnings Expected to Decline

OAK BROOK, Ill., Jan. 11, 2024 (GLOBE NEWSWIRE) -- Hub Group, Inc. (Nasdaq: HUBG) will hold a conference call at 5:00 p.m. Eastern Time on Thursday, February 1, 2024, to discuss its fourth quarter 2023 results. The results will be announced via press release after the market closes on the day of the call.

Hub Group, Inc. Schedules Fourth Quarter 2023 Earnings Conference Call

OAK BROOK, Ill., Jan. 04, 2024 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ: HUBG) today announced a 2-for-1 stock split of its Class A Common Stock in the form of a one-time special stock dividend. Each stockholder of record of Hub Group's Class A Common Stock and Class B Common Stock at the close of business on Tuesday, January 16, 2024 will receive one share of Class A Common Stock for each share held on the record date, with the distribution to occur on Friday, January 26, 2024 and trading to begin on a split-adjusted basis on Monday, January 29, 2024.

Hub Group, Inc. 2-for-1 Stock Split

Acquisition of Forward Air Final Mile (“FAFM”) enhances end-to-end solutions for Hub Group's customers and adds significant scale and service capability in appliance delivery and installation.

Hub Group Expands Its Final Mile Service Offering through the Acquisition of Forward Air Final Mile

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OAK BROOK, Ill., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) announced that the company will participate in a fireside chat at the Stephens Annual Investment Conference on Tuesday, Nov. 14 at 12:00pm ct. A live webcast of the discussion will be available at https://wsw.com/webcast/stph34/hubg/1818404. A replay of the webcast will be available for 30 days following the live event.

Hub Group, Inc. to Webcast Fireside Chat at the 2023 Stephens Annual Investment Conference

OAK BROOK, Ill., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) announced that the company will participate in a fireside chat at Baird's 2023 Global Industrial Conference on Wednesday, Nov. 8 at 10:15am ct.   A live webcast of the discussion will be available at https://wsw.com/webcast/baird71/hubg/1905852. A replay of the webcast will be available for 30 days following the live event.

Hub Group, Inc. to Participate in Baird's Global Industrial Conference

Hub Group, Inc. (NASDAQ:HUBG ) Q3 2023 Earnings Conference Call October 26, 2023 5:00 PM ET Company Participants Phil Yeager – President and Chief Executive Officer Brian Alexander – Chief Operating Officer Geoff DeMartino – Chief Financial Officer Conference Call Participants Scott Group – Wolfe Research Jon Chappell – Evercore ISI Jason Seidl – Cowen and Company Brian Ossenbeck – J.P. Morgan Bascome Majors – Susquehanna Financial Group Justin Long – Stephens Bruce Chan – Stifel Thomas Wadewitz – UBS Christyne McGarvey – Morgan Stanley David Zazula – Barclays Operator Hello, and welcome to the Hub Group Third Quarter 2023 Earnings Conference Call.

Hub Group, Inc. (HUBG) Q3 2023 Earnings Call Transcript

Hub Group (HUBG) came out with quarterly earnings of $0.97 per share, missing the Zacks Consensus Estimate of $1.19 per share. This compares to earnings of $2.61 per share a year ago.

Hub Group (HUBG) Q3 Earnings Lag Estimates

The headline numbers for Hub Group (HUBG) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Hub Group (HUBG) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

Highlights: Diluted earnings per share (EPS) of $0.97 and revenue of $1.0 billion for the quarter Quarterly operating income of $43 million (4.2% of revenue) driven by performance of our Logistics Segment Exceptionally strong balance sheet, ending the quarter with cash and cash equivalents of over $400 million Announced capital allocation plan, including a stock split effectuated by stock dividend, regular quarterly cash dividend, new share repurchase authorization and long-term leverage target OAK BROOK, Ill., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) announced third quarter 2023 net income of $30 million, and diluted earnings per share of $0.97.

Hub Group, Inc. Reports Third Quarter 2023 Results

Earnings Preview: Hub Group (HUBG) Q3 Earnings Expected to Decline

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OAK BROOK, Ill., Oct. 16, 2023 (GLOBE NEWSWIRE) -- Hub Group, Inc. (Nasdaq: HUBG) will hold a conference call at 5:00 p.m. Eastern Time on Thursday, October 26, 2023, to discuss its third quarter 2023 results. The results will be announced via press release after the market closes on the day of the call.

Hub Group, Inc. Schedules Third Quarter 2023 Earnings Conference Call

OAK BROOK, Ill., Sept. 05, 2023 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) announced that the company will participate in a fireside chat at TD Cowen's Global Transportation Conference on Thursday, September 7, 2023, at 1:20 p.m. Eastern time.

Hub Group, Inc. to Participate in TD Cowen's Global Transportation Conference

Hub Group, Inc. (NASDAQ:HUBG ) Q2 2023 Earnings Conference Call July 27, 2023 5:00 PM ET Company Participants Phil Yeager - President and Chief Executive Officer Brian Alexander - Chief Operating Officer Geoff DeMartino - Chief Financial Officer Conference Call Participants Bascome Majors - Susquehanna Financial Group Justin Long - Stephens Bruce Chan - Stifel Scott Group - Wolfe Research Thomas Wadewitz - UBS Brian Ossenbeck - JPMorgan Operator Hello, and welcome to the Hub Group Second Quarter 2023 Earnings Conference Call. Phil Yeager, Hub's President and CEO; Brian Alexander, Hub's Chief Operating Officer; and Geoff DeMartino, Hub's CFO, are joining me on the call.

Hub Group, Inc. (HUBG) Q2 2023 Earnings Call Transcript

Hub Group (HUBG) came out with quarterly earnings of $1.44 per share, beating the Zacks Consensus Estimate of $1.41 per share. This compares to earnings of $3.03 per share a year ago.

Hub Group (HUBG) Beats Q2 Earnings Estimates

OAK BROOK, Ill., July 27, 2023 (GLOBE NEWSWIRE) -- Hub Group (Nasdaq: HUBG) announced today that it will expand its automotive industry capabilities to include intermodal services into all OEM manufacturing facilities. Through longstanding relationships with automotive manufacturers and Union Pacific Railroad, Hub Group's focus on transporting parts inbound for manufacturing will bolster the company's automotive offering and add competitive service options in the marketplace.

Hub Group Expands its Automotive Solutions into All OEM Manufacturing Facilities

OAK BROOK, Ill., July 20, 2023 (GLOBE NEWSWIRE) -- Hub Group, Inc. (Nasdaq: HUBG) will hold a conference call at 5:00 p.m. Eastern Time on Thursday, July 27, 2023, to discuss its second quarter 2023 results. The results will be announced via press release after the market closes on the day of the call.

Hub Group, Inc. Schedules Second Quarter 2023 Earnings Conference Call

Hub Group, Inc., a freight and logistics company, is considered a speculative investment due to uncertainty in the industry and economy. The stock is currently rated as a Hold opportunity. Five preconditions for potential investment include positive freight demand, stabilized costs, consistent real growth, improved sentiment about North American and China's economies, and a business plan incorporating Artificial Intelligence. Despite a 6% uptick in share price in June, soft growth and momentum are expected to dominate through the remainder of the year. The company's Q2 '23 EPS is expected to be about half of last year's.

Hub Group: Positioned To Grow

Hub Group, Inc. (HUBG) Q1 2023 Earnings Call Transcript.

Hub Group, Inc. (HUBG) Q1 2023 Earnings Call Transcript

Hub Group (HUBG) came out with quarterly earnings of $1.88 per share, beating the Zacks Consensus Estimate of $1.86 per share. This compares to earnings of $2.58 per share a year ago.

Hub Group (HUBG) Q1 Earnings Surpass Estimates

Hub Group reported first-quarter earnings per share of $1.88, 5 cents better than the analyst estimate of $1.83. But revenue for the quarter came in at $1.2 billion, versus the consensus estimate of $1.23 billion.

Hub Group beats EPS estimate, misses on revenue

Highlights:         Diluted earnings per share (EPS) of $1.88 for the quarter First quarter revenue of $1.2 billion Quarterly operating income of $78 million (6.8% of revenue) driven by our focus on operating efficiency and yield management Ended the quarter with cash and cash equivalents of $343 million OAK BROOK, Ill., April 27, 2023 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) announced first quarter 2023 net income of $62 million, and diluted earnings per share of $1.88.

Hub Group, Inc. Reports First Quarter 2023 Results

Hub Group (HUBG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

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