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Stock impact report

Hub Group, Inc. Reports Record Second Quarter 2019 Results

Hub Group, Inc. - Class A (HUBG) 
Last hub group, inc. - class a earnings: 4/30 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: hubgroup.gcs-web.com/investor-relations
Company Research Source: GlobeNewswire
Highlights of the quarter Record EPS from continuing operations of $0.87, 71% growth31% increase in gross margin 60% increase in operating incomeOperating margin improved 160 basis points to 4.4%EBITDA increased 55% to $69.4 million OAK BROOK, Ill., July 30, 2019 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) announced second quarter 2019 net income of $29.2 million, or diluted earnings per share of $0.87. Income from continuing operations for the second quarter 2018 was $17.2 million, or $0.51 per diluted share.    Results of Continuing Operations Revenue for the current quarter increased by 3% to $921.2 million compared with $894.7 million for the second quarter 2018 as a result of our success in providing multimodal solutions to our customers and the addition of the CaseStack business in December 2018.  Operating income for the current quarter increased 60% to $40.7 million versus $25.4 million for the second quarter 2018, primarily as a result of improved yield management Show less Read more
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