Hub Group Inc. Q4 Income Declines, misses estimates

(RTTNews) - Hub Group Inc. (HUBG) released a profit for fourth quarter that decreased from last year and missed the Street estimates.

The company's earnings came in at $28.8 million, or $0.46 per share. This compares with $79.3 million, or $1.21 per share, in last year's fourth quarter.

Analysts on average had expected the company to earn $0.51 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 23.6% to $985.0 million from $1.29 billion last year.

Hub Group Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $28.8 Mln. vs. $79.3 Mln. last year. -EPS (Q4): $0.46 vs. $1.21 last year. -Analyst Estimates: $0.51 -Revenue (Q4): $985.0 Mln vs. $1.29 Bln last year.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


More Related Articles

Info icon

This data feed is not available at this time.

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.