Hub Group, Inc. (HUBG) Tops Q4 EPS by 1c, Revenues Miss; Offers FY20 EPS Guidance Above Consensus
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Hub Group, Inc. Reports Fourth Quarter and Full Year 2019 Results; Issues Guidance for 2020
February 6, 2020 4:04 PM ESTHighlights:Â
Profit improvement initiatives and the resiliency of our diversified model resulted in net income of $28.0 million or $0.84 in diluted earnings per share in the fourth quarter and are expected to provide for long term earnings growthManagement estimates 2020 diluted EPS will range from $3.39 to $3.60 as we anticipate we will continue to benefit from internal initiatives in a challenging freight environmentStrong cost controls resulted in a 4.3% operating margin and EBITDA of $69 million for the fourth... More