Aug. 1 at 9:36 PM
$HUBG Hub Group reports Q2 EPS 47c, consensus 47c
Reports Q2 revenue
$986.5M, consensus
$1.09B. "I am pleased with the team's performance in the second quarter with Intermodal volume growth of 8% and the strong contribution from Final Mile, resulting in
$1.0 billion of revenue. Although market conditions remain challenging, Hub Group benefitted from our disciplined market approach, recent diversification efforts, and strong balance sheet. We continue to enhance earnings stability and growth over the long term by focusing on yield management, our capital structure, and providing excellent service to our customers," said Phil Yeager, Hub Group's President, Chief Executive Officer and Vice Chairman.