Hub Group, Inc. (HUBG) Tops Q1 EPS by 6c

Hub Group, Inc. (NASDAQ: HUBG) reported Q1 EPS of $0.51, $0.06 better than the analyst estimate of $0.45. Revenue for the quarter came in at $920 million versus the consensus estimate of $935.74 million.

“Strong freight market conditions, growth with our strategic customers, and our focus on providing a world-class customer experience resulted in 10% revenue growth in the quarter. Hub Group is well positioned for 2021 and beyond due to demand in the marketplace for high service levels and cost-effective solutions. In April we celebrated our 50th anniversary, and I want to thank all who have been part of this outstanding accomplishment, including our customers, employees, drivers, vendors, and carriers. We are excited about the future and look forward to the next 50 years,” said Dave Yeager, Hub Group’s Chairman and Chief Executive Officer.

GUIDANCE:

Hub Group, Inc. sees FY2021 EPS of $3.20-$3.40, versus the consensus of $3.13.

For earnings history and earnings-related data on Hub Group, Inc. (HUBG) click here.

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