Hub Group (NASDAQ:HUBG) released its quarterly earnings results on Thursday, October 25th. The transportation company reported $0.77 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.70 by $0.07, Fidelity Earnings reports. Hub Group had a net margin of 5.78% and a return on equity of 10.77%. The business had revenue of $933.22 million during the quarter, compared to analyst estimates of $1.11 billion. Hub Group updated its Q4 2018 guidance to $0.85-0.95 EPS.
Hub Group stock traded down $0.41 during trading hours on Friday, hitting $45.72. 282,573 shares of the company traded hands, compared to its average volume of 424,253. The stock has a market cap of $1.57 billion, a price-to-earnings ratio of 17.25 and a beta of 1.43. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 0.23. Hub Group has a 1-year low of $38.40 and a 1-year high of $56.60.
In other news, Director Charles R. Reaves sold 2,500 shares of Hub Group stock in a transaction that occurred on Wednesday, September 5th. The shares were sold at an average price of $50.24, for a total value of $125,600.00. Following the transaction, the director now owns 68,768 shares of the company’s stock, valued at approximately $3,454,904.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 5.75% of the company’s stock.
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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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