Hub Group, Inc. (HUBG) Misses Q1 EPS by 3c

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Hub Group, Inc. Reports First Quarter 2017 Results

April 26, 2017 4:03 PM EDT

Revenue of $893.4 million, up 11%Operating income of $17.2 million, down 40%Diluted earnings per share of $0.31, down 39%

OAK BROOK, Ill., April 26, 2017 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ: HUBG) announced first quarter 2017 net income of $10.3 million, or diluted earnings per share of $0.31 vs. first quarter 2016 net income of $18.0 million, or $0.51 per diluted share.

Revenue for the current quarter was $893.4 million, compared with $805.9 million for the first quarter 2016. The Hub segment revenue increased 10% and the Mode segment revenue increased 16%. ... More