Hub Group Inc reports results for the quarter ended in September - Earnings Summary

Hub

26/10/2023 22:41

* Hub Group Inc  HUBG.OQ  reported quarterly adjusted
earnings of
97 cents​​ per share for the quarter ended in September. The
mean expectation of sixteen analysts for the quarter was
for earnings of $1.17 per share.
    * Revenue fell 24.4% to $1.02 billion from a year ago;
analysts
expected $1.03 billion. 
    * Hub Group Inc's reported EPS for the quarter was 97
cents​.
    * The mean earnings estimate of analysts had fallen by
about 15.1%
in the last three months.​ 
    * In the last 30 days, fourteen analysts negatively revised
earnings estimates 
    * Hub Group Inc shares had fallen by 5.9% this quarter and
lost 7.1% so far this year.
    * The company reported quarterly net income of $30.46
million.
    * Wall Street's median 12-month price target for Hub Group
Inc is
$93.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 26 at 09:40 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      1.17           0.97           Missed
 Jun. 30 2023      1.38           1.44           Beat
 Mar. 31 2023      1.84           1.88           Beat
 Dec. 31 2022      2.34           2.42           Beat