Feb. 6 at 10:55 AM
$HUBG identified an accounting error that understated purchased transportation costs and accounts payable by roughly
$77M over the first nine months of 2025, requiring a restatement of 1Q–3Q25 results and delaying audited earnings. Analysts caution the issue may extend into 4Q, implying lower reset margins and reduced longer-term earnings power. Near-term fundamental uncertainty increases, weighing on valuation and sentiment.