Hub Group, Inc. (HUBG) Tops Q3 EPS by 18c
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Hub Group, Inc. Reports Third Quarter 2021 Results
October 28, 2021 4:01 PM EDTHighlights:Â Â Â Â Â
Record quarterly revenue of $1.1 billion, up 16% as compared to last year, driven by strong demand conditions and the benefits of our continued investment in the businessRecord gross margin of $158 million (14.7% of revenue) driven by favorable pricing and yield improvement, combined with our continued focus on operating efficiency, resulted in third quarter operating income margin of 5.6% of revenueRecord net income of $43 million or $1.28 of diluted earnings per share (EPS), which represents year-on-year growth of... More