Hub Group Earnings: What To Look For From HUBG

StockStory
02-05
Hub Group Earnings: What To Look For From HUBG

Logistics solutions provider Hub Group (NASDAQ:HUBG) will be announcing earnings results tomorrow afternoon. Here’s what investors should know.

Hub Group missed analysts’ revenue expectations by 6.8% last quarter, reporting revenues of $986.9 million, down 3.7% year on year. It was a softer quarter for the company, with a significant miss of analysts’ EPS estimates and full-year revenue guidance missing analysts’ expectations.

Is Hub Group a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Hub Group’s revenue to grow 2.1% year on year to $1.01 billion, a reversal from the 23.4% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.48 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings.

Looking at Hub Group’s peers in the transportation and logistics segment, some have already reported their Q4 results, giving us a hint as to what we can expect. United Parcel Service delivered year-on-year revenue growth of 1.4%, meeting analysts’ expectations, and C.H. Robinson Worldwide reported flat revenue, falling short of estimates by 5.7%. United Parcel Service traded down 14.6% following the results while C.H. Robinson Worldwide was also down 6.9%.

Read our full analysis of United Parcel Service’s results here and C.H. Robinson Worldwide’s results here.

Investors in the transportation and logistics segment have had steady hands going into earnings, with share prices up 1.7% on average over the last month. Hub Group is down 1.7% during the same time and is heading into earnings with an average analyst price target of $49.07 (compared to the current share price of $43.39).

Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we’ve identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10