Hub Group Inc. (HUBG) Thursday reported a rise in profit for the first quarter, helped mainly by higher revenues.
Net income for the quarter improved to $15.36 million or $0.42 per share from $13.66 million or $0.37 per share in the same period last year.
On average, 19 analysts polled by Thomson Reuters expected the company to earn $0.42 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues totaled $768.98 million, up 4 percent from $739.89 million last year. Analysts expected revenues of $788.12 million.
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