Hub Group: Q1 Earnings Snapshot
OAK BROOK, Ill. (AP) — OAK BROOK, Ill. (AP) — Hub Group Inc. (HUBG) on Thursday reported first-quarter earnings of $26.8 million.
The Oak Brook, Illinois-based company said it had profit of 44 cents per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 42 cents per share.
The transportation management company posted revenue of $915.2 million in the period, which did not meet Street forecasts. Five analysts surveyed by Zacks expected $966.1 million.
Hub Group expects full-year earnings to be $1.75 to $2.25 per share, with revenue in the range of $3.6 billion to $4 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HUBG at https://www.zacks.com/ap/HUBG