Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Hub Group Q1 Profit Rises - Quick Facts

RELATED NEWS
Trade HUBG now with 

Hub Group Inc. (HUBG: Quote) Thursday reported an increase in profit for the first quarter on higher revenues.

The Downers Grove, Illinois-based company reported a first-quarter net profit of $13.66 million or $0.37 per share, compared to $10.50 million or $0.28 per share last year.

Excluding mode acquisition-related costs of $1.7 million, adjusted earnings for the quarter rose to $0.37 per share from $0.31 per share in the prior-year quarter. On average, 14 analysts polled by Thomson Reuters expected the company to earn $0.36 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenues for the quarter grew to $739.89 million from $485.38 million in the prior-year quarter. Ten analysts had a consensus revenue estimate of $717.46 million for the quarter.

Click here to receive FREE breaking news email alerts for Hub Group Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
A number of major retailers will be open on Thanksgiving for early Black Friday shopping events. Kohl's department stores will kick off Black Friday sales two hours earlier this year, at 6 p.m. Thanksgiving Day, while Macy's, Bon-Ton and Best Buy will open at the same time. J.C. Penney and Sears... Twitter Inc. has replaced its head of product Daniel Graf just six months after luring him over from Google, according to multiple reports. Graf, previously known for his work leading Google Maps, will retain his vice president of product title and work on Twitter's geolocation features, the Wall... LinkedIn Corp., the world's largest online professional network, said Thursday after the markets closed that its third quarter loss widened slightly from last year, as higher costs and expenses more than offset a 45% increase in revenue. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly revenue.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.