Hub Group, Inc. Reports Fourth Quarter and Full Year 2019 Results; Issues Guidance for 2020
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Hub Group, Inc. (HUBG) Tops Q4 EPS by 1c, Revenues Miss; Offers FY20 EPS Guidance Above Consensus
February 6, 2020 4:28 PM ESTHub Group, Inc. (NASDAQ: HUBG) reported Q4 EPS of $0.84, $0.01 better than the analyst estimate of $0.83. Revenue for the quarter came in at $901 million versus the consensus estimate of $931.08 million.
Highlights:
Profit improvement initiatives and the resiliency of our diversified model resulted in net income of $28.0 million or $0.84 in diluted earnings per share in the fourth quarter and are expected to provide for long term earnings growthManagement estimates 2020 diluted EPS will range from $3.39 to $3.60 as we anticipate we will continue to benefit from internal initiatives in a challenging freight... More