Hub Group, Inc. (HUBG) Misses Q1 EPS by 13c

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Hub Group, Inc. Reports First Quarter 2020 Results

April 30, 2020 4:02 PM EDT

Highlights: 

Profit improvement initiatives and our diversified model contributed to our net income of $13.2 million or $0.40 in diluted earnings per share in the first quarter; EBITDA (non-GAAP)1 for the quarter was $50.3 million; net income includes $2.5 million, or $0.07 per share, for severance, consulting and donation expenses in the quarterContinuing to provide world-class service levels and solutions to our customers, including supporting our retail and consumer goods customers whose businesses have been impacted by the COVID-19 pandemicSolid liquidity position with $277 million of cash and cash equivalents, and... More