Hub Group (HUBG) Tops Q1 EPS by 18c

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Hub Group, Inc. Reports Record First Quarter 2016 Earnings per Share of $0.51

April 26, 2016 4:01 PM EDT

OAK BROOK, Ill., April 26, 2016 /PRNewswire/ -- Hub Group, Inc. (NASDAQ: HUBG) today announced financial results for the quarter ended March 31, 2016.

Hub Group reported net income of $18.0 million for the first quarter ended March 31, 2016 compared to $10.3 million for the first quarter of 2015.  Hub Group's diluted earnings per share was $0.51 for the quarter.  Earnings per share increased 82% when compared with the prior year period.  Hub Group's pre-tax income included one-time costs of $4.1 million including $3.1 million of costs related to the closure of the Hub Group Trucking terminal in Los Angeles and $1.0 million of... More