Hub Group, Inc. (HUBG) Tops Q2 EPS by 8c
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Hub Group, Inc. Reports Second Quarter 2021 Results
July 29, 2021 4:03 PM EDTHighlights:
Strong freight market conditions and continued growth with strategic customers led to 26% revenue growth in the quarter, with growth across all lines of businessGross margin increase of 12%, combined with continued focus on operating efficiency, resulted in second quarter net income of $27 million or $0.78 of diluted earnings per share, which represents year-on-year growth of 102%Generated EBITDA (non-GAAP)1 of $69 million in the quarter, with over $246 million in cash... More