For the quarter ended September 2023, Hub Group (HUBG - Free Report) reported revenue of $1.02 billion, down 24.4% over the same period last year. EPS came in at $0.97, compared to $2.61 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $1.02 billion, representing a surprise of +0.68%. The company delivered an EPS surprise of -18.49%, with the consensus EPS estimate being $1.19.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Hub Group performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Operating Revenue- Intermodal and Transportation Solutions: $595.31 million versus $619.18 million estimated by three analysts on average.
- Operating Revenue- Inter-segment eliminations: -$30.78 million versus -$26.18 million estimated by three analysts on average.
- Operating Revenue- Logistics: $460.31 million versus $448.15 million estimated by three analysts on average.
View all Key Company Metrics for Hub Group here>>>Shares of Hub Group have returned -6.1% over the past month versus the Zacks S&P 500 composite's -3.4% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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For the quarter ended September 2023, Hub Group (HUBG - Free Report) reported revenue of $1.02 billion, down 24.4% over the same period last year. EPS came in at $0.97, compared to $2.61 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $1.02 billion, representing a surprise of +0.68%. The company delivered an EPS surprise of -18.49%, with the consensus EPS estimate being $1.19.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Hub Group performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Operating Revenue- Intermodal and Transportation Solutions: $595.31 million versus $619.18 million estimated by three analysts on average.
- Operating Revenue- Inter-segment eliminations: -$30.78 million versus -$26.18 million estimated by three analysts on average.
- Operating Revenue- Logistics: $460.31 million versus $448.15 million estimated by three analysts on average.
View all Key Company Metrics for Hub Group here>>>Shares of Hub Group have returned -6.1% over the past month versus the Zacks S&P 500 composite's -3.4% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
Infrastructure Stock Boom to Sweep America
A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.
The only question is “Will you get into the right stocks early when their growth potential is greatest?”
Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.
Download FREE: How To Profit From Trillions On Spending For Infrastructure >>
Get the latest research report on HUBG - FREE