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Hub Group Inc (HUBG.OQ)

HUBG.OQ on NASDAQ Stock Exchange Global Select Market

36.10USD
18 Aug 2017
Change (% chg)

$0.70 (+1.98%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Hub Group Q2 earnings per share $0.29
Wednesday, 26 Jul 2017 04:03pm EDT 

July 26 (Reuters) - Hub Group Inc ::Hub Group, Inc. reports second quarter 2017 results.Sees fy 2017 earnings per share $1.45 to $1.55.Q2 earnings per share $0.29.Q2 revenue $924.5 million versus I/B/E/S view $930.6 million.Q2 earnings per share view $0.37 -- Thomson Reuters I/B/E/S.Hub Group Inc - ‍2017 capital expenditures will range from $85 million to $95 million.​.Fy2017 revenue view $3.86 billion -- Thomson Reuters I/B/E/S.  Full Article

Hub Group says on July 1, co and Hub City Terminals entered into a $350 mln credit agreement - SEC Filing
Friday, 7 Jul 2017 06:17am EDT 

July 7 (Reuters) - Hub Group Inc :Hub Group Inc - On July 1, 2017, co and Hub City Terminals, Inc. entered into a $350 million credit agreement - SEC Filing.Hub Group - Credit agreement replaces amended and restated credit agreement dated December 12, 2013 among borrowers and Bank of Montreal, as lender.Hub Group - Intends to use credit facility to finance in part purchase by Hub Group Trucking, Inc. of substantially all assets of Estenson Logistics, LLC.Hub Group Inc - Intends to use credit facility to repay all obligations under 2013 credit agreement.Hub Group Inc - Credit agreement provides for a revolving credit facility that matures on July 1, 2022.Hub Group - Effective July 1, 2017, Hub Group Trucking, unit of company, entered into a first amendment to purchase agreement dated as of May 25, 2017.Hub Group - First amendment amends purchase agreement by excluding certain assets and liabilities and reducing base purchase price by $21.5 million.Hub Group Inc - On July 1, concurrently with entering into credit agreement, co terminated 2013 credit agreement among borrowers and Bank of Montreal.Hub Group Inc - As of date of termination, borrowers repaid all outstanding borrowings under 2013 credit agreement.Hub Group Inc - In addition, company did not incur any early termination penalties in connection with termination of 2013 credit agreement.  Full Article

Hub Group to acquire Estenson Logistics
Thursday, 25 May 2017 05:03pm EDT 

May 25 (Reuters) - Hub Group Inc :Hub group announces the acquisition of estenson logistics.Hub group announces the acquisition of estenson logistics.Hub group inc - deal for ‍approximately $306 million​.Hub group inc - deal for $306 million.Hub group inc - deal accretive to earnings in 2017.Hub group inc- following closing of transaction, business will be named hub group dedicated services and will operate as part of hub group trucking.Transaction represents an enterprise value of approximately $289 million.Hub group inc - excluding this amount, transaction represents an enterprise value of approximately $289 million.Hub group - transaction will be financed with combination of cash, an assumption of estenson's secured equipment notes, borrowings under a new credit facility.Says company's leadership team, including tim estenson, ceo, will continue in their current roles.Hub group inc - transaction consideration of approximately $306 million includes approximately $17 million related to recent equipment investments.Says hub group dedicated services will be headquartered in mesa, arizona.Hub group inc- believe that cross-selling opportunities are in excess of $100 million in next five years.Hub-Portion of deal consideration to consist of option for seller to get up to $6 million in event certain ebitda targets are met for 2 yrs following deal.Hub group inc - ‍co's subsidiary, hub group trucking, inc., has entered into an agreement to acquire business of estenson logistics, llc​.  Full Article

Hub Group Q1 earnings per share $0.31
Wednesday, 26 Apr 2017 04:03pm EDT 

April 26 (Reuters) - Hub Group Inc ::Hub Group, Inc. Reports first quarter 2017 results.Q1 earnings per share $0.31.Q1 revenue rose 11 percent to $893.4 million.Sees FY 2017 earnings per share $1.60 to $1.80.Hub Group Inc - expect that our full-year 2017 diluted earnings per share will range from $1.60 to $1.80.Hub Group Inc - project that our 2017 capital expenditures will range from $90 million to $100 million.Fy2017 earnings per share view $1.75 -- Thomson Reuters I/B/E/S.  Full Article

Hub Group Inc sees Q1 2017 earnings per share $0.30 to $0.32
Monday, 10 Apr 2017 04:02pm EDT 

Hub Group Inc : Hub Group Inc announces first quarter 2017 earnings expectations . Sees FY 2017 earnings per share $1.60 to $1.80 . Sees Q1 2017 earnings per share $0.30 to $0.32 . Hub Group Inc - hub segment truck brokerage revenue is expected to increase between 30 pct and 32 pct year-over-year in Q1 . Hub Group Inc - experiencing a "soft" pricing environment due primarily to excess truck capacity and extraordinarily aggressive intermodal pricing . Hub Group Inc - expect unyson revenue to be up between 20pct and 22pct year-over-year in Q1 . Hub Group Inc - expected Q1 earnings include one-time costs of approximately $1.5 million or $0.03 per share . Hub Group Inc - sees estimated operating expenses will range between $84.2 million and $84.6 million for quarter ended March 31, 2017 . Hub Group Inc - expect revenue will increase between 10 pct and 12 pct in Q1 compared to last year .Hub Group Inc - "primary factor affecting earnings in Q1 lies within our intermodal business line".  Full Article

Hub Group reports Q4 and full year 2016 results
Thursday, 2 Feb 2017 04:01pm EST 

Hub Group Inc : Hub Group, Inc. reports fourth quarter and full year 2016 results . Q4 earnings per share $2.20 . Q4 revenue $978.6 million versus I/B/E/S view $936.6 million . Q4 earnings per share view $0.48 -- Thomson Reuters I/B/E/S . Hub Group Inc qtrly operating income totaled $123.8 million, up 6% .Hub Group Inc - "We will be increasing our fleet 10% and investing in technology" in 2017.  Full Article

Hub Group reports Q2 earnings per share $0.61
Tuesday, 26 Jul 2016 04:01pm EDT 

Hub Group Inc : Hub Group, Inc reports record second quarter 2016 earnings . Q2 earnings per share $0.61 .Q2 earnings per share view $0.58 -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Hub Group Q2 earnings per share $0.29

* Q2 revenue $924.5 million versus I/B/E/S view $930.6 million