Hub Group, Inc. Reports Record Second Quarter 2018 Results

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Hub Group (HUBG) PT Raised to $53 at Cowen

August 2, 2018 10:25 AM EDT

Cowen raised its price target on Hub Group (NASDAQ: HUBG) to $53.00 (from $41.00) while maintaining an Outperform rating.

Analyst Jason Seidl commented, "Hub Group posted a strong top-to-bottom beat, as they took advantage of a strong pricing environment and intermodal market. The... More

Hub Group, Inc. (HUBG) Tops Q2 EPS by 17c, Revenues Beat; Boosts FY18 EPS Guidance

August 1, 2018 4:53 PM EDT

Hub Group, Inc. (NASDAQ: HUBG) reported Q2 EPS of $0.66, $0.17 better than the analyst estimate of $0.49. Revenue for the quarter came in at $1.18 billion versus the consensus estimate of $1.1 billion.

Highlights of the quarter

28% revenue growth34% gross margin growth93% increase in... More