Hub Group, Inc. (HUBG) Misses Q1 EPS by 1c, Revenue Misses

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Hub Group, Inc. Reports First Quarter 2015 Earnings per Share of $0.32 Excluding One-time Costs

April 23, 2015 4:02 PM EDT

OAK BROOK, Ill., April 23, 2015 /PRNewswire/ -- Hub Group, Inc. (NASDAQ: HUBG) today announced financial results for the quarter ended March 31, 2015.

Hub Group reported income of $10.3 million for the first quarter ended March 31, 2015 compared to $12.0 million for the first quarter of 2014.  Hub Group's diluted earnings per share was $0.28 for the quarter.  Hub Group's pre-tax income included one-time costs of $2.3 million including a $1.4 million Canadian currency translation loss and $0.9 million of severance.  Excluding the effect of these items, non-GAAP earnings per share was $0.32 for the quarter (see table below).  Non-GAAP earnings per... More