Hub Group, Inc. (HUBG) Tops Q2 EPS by 47c
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Hub Group, Inc. Reports Second Quarter 2022 Results
August 3, 2022 4:05 PM EDTHighlights:
Strong freight demand conditions, combined with the attractive value proposition of our service offerings, led to record quarterly revenue of $1.4 billion, up 43% as compared to last yearRecord quarterly gross margin of $247 million (17.6% of revenue) driven by favorable pricing and yield management, combined with our continued focus on operating efficiency, resulted in operating income margin of 9.8%Record quarterly diluted earnings per share (EPS) of $3.03Generated net income of $103 million... More