Hub Group Expected to Post 5.5% Revenue Decline in Q4 Earnings

Earnings
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Summary · why it matters

Hub Group is expected to report fourth-quarter earnings this Friday after market hours, with the market anticipating revenue to decline 5.5% year on year. That would mark a further deceleration from the 1.2% decrease the logistics solutions provider recorded in the same quarter last year. In the prior quarter, Hub Group reported revenues of $934.5 million, down 5.3% year on year, beating analysts' revenue expectations with an impressive beat of EBITDA estimates but a significant miss of EPS estimates. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Hub Group is the first among its peers to report earnings this season, and its peer group is down 7.4% on average over the last month, while Hub Group is down 6.8% during the same time.

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Hub Group Inc
HUBG
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Hub Group is expected to report a 5.5% year-on-year revenue decline in Q4 earnings, a further deceleration from last year's 1.2% drop.

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