Hub Group, Inc. (HUBG) Tops Q4 EPS by 8c, Sales Light; $100M Buyback

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Go back to Hub Group, Inc. (HUBG) Tops Q4 EPS by 8c, Sales Light; $100M Buyback

Hub Group, Inc. Reports Record Fourth Quarter 2015 Earnings & Announces Share Repurchase Program

February 3, 2016 4:02 PM EST

OAK BROOK, Ill., Feb. 3, 2016 /PRNewswire/ -- Hub Group, Inc. (NASDAQ: HUBG) today announced financial results for the quarter and year ended December 31, 2015.

Hub Group reported net income of $22.4 million for the fourth quarter ended December 31, 2015 compared to $16.4 million in the fourth quarter of 2014.  Hub Group's diluted earnings per share was $0.63 in the fourth quarter of 2015 compared to earnings per share of $0.45 in fourth quarter of 2014.  Hub Group's revenue decreased 3% to $890 million compared to fourth quarter 2014 revenue.  The revenue decline related primarily to lower fuel revenue.

The Hub segment's revenue decreased 4% to $669... More