Hub Group (NASDAQ:HUBG) issued an update on its FY18 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $2.73-2.83 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.44.
Hub Group stock traded up $4.10 during trading on Thursday, reaching $51.05. The company had a trading volume of 1,221,200 shares, compared to its average volume of 312,980. Hub Group has a 52 week low of $33.35 and a 52 week high of $56.60. The stock has a market cap of $1.59 billion, a P/E ratio of 26.73, a P/E/G ratio of 1.27 and a beta of 1.45. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.27 and a current ratio of 1.27.
Hub Group (NASDAQ:HUBG) last announced its earnings results on Wednesday, August 1st. The transportation company reported $0.66 EPS for the quarter, topping the Zacks’ consensus estimate of $0.48 by $0.18. Hub Group had a return on equity of 9.48% and a net margin of 3.33%. The company had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.10 billion. During the same period last year, the firm earned $0.29 EPS. Hub Group’s revenue for the quarter was up 27.7% compared to the same quarter last year. analysts predict that Hub Group will post 2.43 EPS for the current year.
Hub Group Company Profile
Hub Group, Inc, an asset-light freight transportation management company, provides intermodal, truck brokerage, and logistics services in North America. It operates through two segments, Mode and Hub. Its intermodal services include arranging for the movement of its customers' freight in containers and trailers over long distances.
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