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.

You May Also Be Interested In

• Mizuho says ignore Apple noise, flags key catalyst for Micron and memory in H2
• MediaTek Inc. (2454:TT) (MDTKF) PT Raised to NT$5,800 at Nomura/Instinet
• UnitedHealth Group (UNH) PT Raised to $468 at Morgan Stanley