Hub Group Inc. (HUBG) revealed earnings for second quarter that decreased from last year in line with the Street estimates.
The company's bottom line came in at $29.02 million, or $0.47 per share. This compares with $46.51 million, or $0.72 per share, in last year's second quarter.
Analysts on average had expected the company to earn $0.47 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 5.1% to $0.987 billion from $1.040 billion last year.
Hub Group Inc. earnings at a glance (GAAP) :
-Earnings (Q2): $29.02 Mln. vs. $46.51 Mln. last year.-EPS (Q2): $0.47 vs. $0.72 last year.-Revenue (Q2): $0.987 Bln vs. $1.040 Bln last year.
-Guidance:Full year EPS guidance: $1.75 to $2.05Full year revenue guidance: $4.0 bln to $4.3 bln
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