reports
Hub Group Announces Participation in Upcoming Investor Conferences
Hub Group Announces Participation in Upcoming Investor Conferences OAK BROOK, Ill., May 01, 2024 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) announced that the company will present at the following investor conferences during May 2024. BofA Securities 2024 Transportation, Airlines & Industrials ConferenceWednesday, May 15, 2024, at 10:20 a.m. Eastern Time in New York, New York. Live audio webcast and replay of the presentation may be accessed for 30 days on the “Investors” section of the company’s website at: . Wolfe Research 17th Annual Global Transportation & Industrials Confere...
Hub Group, Inc. Reports First Quarter 2024 Results
Hub Group, Inc. Reports First Quarter 2024 Results Highlights: Diluted earnings per share (EPS) of $0.44 for the quarter First quarter revenue of $1.0 billionGAAP Quarterly operating income of $37 million (3.7% of revenue)Executing on Capital Allocation Plan including completing our stock split, purchasing $26 million of shares during the quarter and paying the company’s first quarterly cash dividend of $0.125 per common shareEnded the quarter with cash and cash equivalents of $195 millionIntegration of Final Mile acquisition is ahead of our expectations and contributed $64 millio...
Hub Group Schedules First Quarter 2024 Earnings Conference Call
Hub Group Schedules First Quarter 2024 Earnings Conference Call OAK BROOK, Ill., April 11, 2024 (GLOBE NEWSWIRE) -- Hub Group, Inc. (Nasdaq: HUBG) will hold a conference call at 5:00 p.m. Eastern Time on Thursday, April 25, 2024, to discuss its first quarter 2024 results. The results will be announced via press release after the market closes on the day of the call. This call is being webcast and can be accessed through the Investors link on Hub Group’s web site at . The webcast is listen-only. Those interested in participating in the question-and-answer session should follow the telep...
Hub Group, Inc. Declares Quarterly Dividend
Hub Group, Inc. Declares Quarterly Dividend OAK BROOK, Ill., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Hub Group, Inc. (Nasdaq: HUBG) today announced its Board of Directors declared a quarterly cash dividend of $0.125 per share on the Company’s Class A and Class B Common Stock. The dividend is scheduled to be paid on March 27, 2024, to stockholders of record as of March 8, 2024. The initiation of Hub Group’s quarterly cash dividend program, initially set at $0.50 per share per year, is part of Hub Group’s previously announced growth-focused capital allocation plan. CERTAIN FORWARD-LOOKING STATE...
Hub Group, Inc. Reports Fourth Quarter 2023 Results
Hub Group, Inc. Reports Fourth Quarter 2023 Results Highlights: Completed 2:1 stock split; Q4 Diluted earnings per share (EPS) presented post-split of $0.46 and $2.62 for the full year Adjusting for acquisition related expenses of $5.1 million, Q4 adjusted EPS (non-GAAP) of $0.54 and $2.68 for full yearFull year revenue of $4.2 billion; Fourth quarter revenue of $1.0 billionGAAP Quarterly operating income of $29 million (3.0% of revenue)Significantly increased our Final Mile business heading into 2024 through the acquisition of Forward Air Final Mile (“FAFM”) Executing on Capital A...
Hub Group, Inc. Schedules Fourth Quarter 2023 Earnings Conference Call
Hub Group, Inc. Schedules Fourth Quarter 2023 Earnings Conference Call OAK BROOK, Ill., Jan. 11, 2024 (GLOBE NEWSWIRE) -- Hub Group, Inc. (Nasdaq: HUBG) will hold a conference call at 5:00 p.m. Eastern Time on Thursday, February 1, 2024, to discuss its fourth quarter 2023 results. The results will be announced via press release after the market closes on the day of the call. This call is being webcast and can be accessed through the Investors link on Hub Group’s web site at . The webcast is listen-only. Those interested in participating in the question-and-answer session should follow th...
Hub Group, Inc. 2-for-1 Stock Split
Hub Group, Inc. 2-for-1 Stock Split OAK BROOK, Ill., Jan. 04, 2024 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ: HUBG) today announced a 2-for-1 stock split of its Class A Common Stock in the form of a one-time special stock dividend. Each stockholder of record of Hub Group’s Class A Common Stock and Class B Common Stock at the close of business on Tuesday, January 16, 2024 will receive one share of Class A Common Stock for each share held on the record date, with the distribution to occur on Friday, January 26, 2024 and trading to begin on a split-adjusted basis on Monday, January 29, 202...
Hub Group Expands Its Final Mile Service Offering through the Acquisit...
Hub Group Expands Its Final Mile Service Offering through the Acquisition of Forward Air Final Mile Acquisition of Forward Air Final Mile (“FAFM”) enhances end-to-end solutions for Hub Group’s customers and adds significant scale and service capability in appliance delivery and installation. Transaction Highlights Increases Hub Group’s LTM Final Mile revenue from $192m to $481mDrives continued diversification into non-asset based logistics services; pro forma LTM Logistics revenue now represents 44% of total Hub revenueAdds new capabilities in appliance delivery and installation and incre...
Hub Group, Inc. to Webcast Fireside Chat at the 2023 Stephens Annual I...
Hub Group, Inc. to Webcast Fireside Chat at the 2023 Stephens Annual Investment Conference OAK BROOK, Ill., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) announced that the company will participate in a fireside chat at the Stephens Annual Investment Conference on Tuesday, Nov. 14 at 12:00pm ct. A live webcast of the discussion will be available at . A replay of the webcast will be available for 30 days following the live event. ABOUT HUB GROUP: Hub Group offers comprehensive transportation and logistics management solutions. Keeping our customers’ needs in focus, Hub G...
Hub Group, Inc. to Participate in Baird's Global Industrial Conference
Hub Group, Inc. to Participate in Baird's Global Industrial Conference OAK BROOK, Ill., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) announced that the company will participate in a fireside chat at Baird’s 2023 Global Industrial Conference on Wednesday, Nov. 8 at 10:15am ct. A live webcast of the discussion will be available at /webcast/baird71/hubg/1905852. A replay of the webcast will be available for 30 days following the live event. ABOUT HUB GROUP: Hub Group offers comprehensive transportation and logistics management solutions. Keeping our customers’ needs in ...
Hub Group, Inc. Reports Third Quarter 2023 Results
Hub Group, Inc. Reports Third Quarter 2023 Results Highlights: Diluted earnings per share (EPS) of $0.97 and revenue of $1.0 billion for the quarterQuarterly operating income of $43 million (4.2% of revenue) driven by performance of our Logistics SegmentExceptionally strong balance sheet, ending the quarter with cash and cash equivalents of over $400 millionAnnounced capital allocation plan, including a stock split effectuated by stock dividend, regular quarterly cash dividend, new share repurchase authorization and long-term leverage target OAK BROOK, Ill., Oct. 26, 2023 (GLOBE NE...
Hub Group, Inc. Schedules Third Quarter 2023 Earnings Conference Call
Hub Group, Inc. Schedules Third Quarter 2023 Earnings Conference Call OAK BROOK, Ill., Oct. 16, 2023 (GLOBE NEWSWIRE) -- Hub Group, Inc. (Nasdaq: HUBG) will hold a conference call at 5:00 p.m. Eastern Time on Thursday, October 26, 2023, to discuss its third quarter 2023 results. The results will be announced via press release after the market closes on the day of the call. This call is being webcast and can be accessed through the Investors link on Hub Group’s web site at . The webcast is listen-only. Those interested in participating in the question-and-answer session should follow the ...
Hub Group, Inc. to Participate in TD Cowen's Global Transportation Con...
Hub Group, Inc. to Participate in TD Cowen's Global Transportation Conference OAK BROOK, Ill., Sept. 05, 2023 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) announced that the company will participate in a fireside chat at TD Cowen’s Global Transportation Conference on Thursday, September 7, 2023, at 1:20 p.m. Eastern time. A live webcast of the fireside chat discussion will be available at . A replay of the webcast will be available for 90 days following the live event. ABOUT HUB GROUP: Hub Group offers comprehensive transportation and logistics management solutions. Keeping our cus...
Hub Group, Inc. Reports Second Quarter 2023 Results
Hub Group, Inc. Reports Second Quarter 2023 Results Highlights: Diluted earnings per share (EPS) of $1.44 for the quarterSecond quarter revenue of $1.0 billionQuarterly operating income of $62 million (6.0% of revenue) driven by performance of our Logistics Segment Continued focus on return of capital with $100 million of shares repurchased in the quarter Exceptionally strong balance sheet, ending the quarter with cash and cash equivalents of $342 million OAK BROOK, Ill., July 27, 2023 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) announced second quarter 2023 net income of ...
Hub Group Expands its Automotive Solutions into All OEM Manufacturing ...
Hub Group Expands its Automotive Solutions into All OEM Manufacturing Facilities OAK BROOK, Ill., July 27, 2023 (GLOBE NEWSWIRE) -- Hub Group (Nasdaq: HUBG) announced today that it will expand its automotive industry capabilities to include intermodal services into all OEM manufacturing facilities. Through longstanding relationships with automotive manufacturers and Union Pacific Railroad, Hub Group’s focus on transporting parts inbound for manufacturing will bolster the company’s automotive offering and add competitive service options in the marketplace. “We are extremely excited about ...
Hub Group, Inc. Schedules Second Quarter 2023 Earnings Conference Call
Hub Group, Inc. Schedules Second Quarter 2023 Earnings Conference Call OAK BROOK, Ill., July 20, 2023 (GLOBE NEWSWIRE) -- Hub Group, Inc. (Nasdaq: HUBG) will hold a conference call at 5:00 p.m. Eastern Time on Thursday, July 27, 2023, to discuss its second quarter 2023 results. The results will be announced via press release after the market closes on the day of the call. This call is being webcast and can be accessed through the Investors link on Hub Group’s web site at . The webcast is listen-only. Those interested in participating in the question-and-answer session should follow the t...
Hub Group, Inc. Reports First Quarter 2023 Results
Hub Group, Inc. Reports First Quarter 2023 Results Highlights: Diluted earnings per share (EPS) of $1.88 for the quarterFirst quarter revenue of $1.2 billionQuarterly operating income of $78 million (6.8% of revenue) driven by our focus on operating efficiency and yield management Ended the quarter with cash and cash equivalents of $343 million OAK BROOK, Ill., April 27, 2023 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) announced first quarter 2023 net income of $62 million, and diluted earnings per share of $1.88. Net income for first quarter 2022 was $88 million, or $2.58...
Hub Group, Inc. Schedules First Quarter 2023 Earnings Conference Call
Hub Group, Inc. Schedules First Quarter 2023 Earnings Conference Call OAK BROOK, Ill., April 17, 2023 (GLOBE NEWSWIRE) -- Hub Group, Inc. (Nasdaq: HUBG) will hold a conference call at 5:00 p.m. Eastern Time on Thursday, April 27, 2023, to discuss its first quarter 2023 results. The results will be announced via press release after the market closes on the day of the call. This call is being webcast and can be accessed through the Investors link on Hub Group’s web site at . The webcast is listen-only. Those interested in participating in the question-and-answer session should follow the t...
Hub Group Named to Forbes list of America’s Best Mid-Sized Companies
Hub Group Named to Forbes list of America’s Best Mid-Sized Companies OAK BROOK, Ill., Feb. 09, 2023 (GLOBE NEWSWIRE) -- Hub Group (Nasdaq: HUBG) announced that it has been named to Forbes’ annual list of America’s Best Mid-Sized companies. The top 100 ranking is based on earnings growth, return on equity and total stock return for the latest 12-month period and over the last five years. “We are extremely proud to be named to the 2023 list of America’s Best Mid-Sized Companies by Forbes,” Hub Group’s President and Chief Executive Officer, Phillip Yeager, said. “Hub Group continues to deli...
Hub Group, Inc. Reports Fourth Quarter and Full Year 2022 Results
Hub Group, Inc. Reports Fourth Quarter and Full Year 2022 Results Highlights: Diluted earnings per share (EPS) of $2.42 for the quarter, and $10.64 for the full year which is growth of 110%Full year revenue of $5.3 billion, up 26%, with double-digit growth in all business lines; Fourth quarter revenue of $1.3 billionQuarterly operating income of $104 million (8.1% of revenue) driven by diversification of our business and focus on transportation cost containment, yield management and operating efficiencyEnded the quarter with cash and cash equivalents of $287 millionIntroduced 2023 outlook,...
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