Hub Group, Inc. (HUBG) Misses Q3 EPS by 20c, provides outlook
Hub Group, Inc. (NASDAQ: HUBG) reported Q3 EPS of $0.97, $0.20 worse than the analyst estimate of $1.17. Revenue for the quarter came in at $1 billion versus the consensus estimate of $1.02 billion.
2023 Outlook
Hub Group expects 2023 diluted earnings per share will range from $5.30 to $5.40. Rvenue will be approximately $4.2 billion. Effective tax rate for the year will be approximately 20%. Ccapital expenditures for containers, tractors, warehousing equipment and technology will range from $140 to $150 million.
For earnings history and earnings-related data on Hub Group, Inc. (HUBG) click here.
