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OAK BROOK, Ill., May 23, 2024 (GLOBE NEWSWIRE) -- Hub Group, Inc. (Nasdaq: HUBG) today announced its Board of Directors declared a quarterly cash dividend of $0.125 per share on the Company's Class A and Class B Common Stock. The dividend is scheduled to be paid on June 26, 2024, to stockholders of record as of June 7, 2024.
Hub Group, Inc.'s Q1 2024 earnings show a freight recession with declining revenues and operating income margin. The company is focused on managing costs and shifting truck loads to intermodal to improve business performance. Despite the current challenges, there is a compelling investment case for Hub Group, with potential upside in 2025 and beyond.
Hub Group, Inc. (NASDAQ:HUBG ) Q1 2024 Earnings Conference Call April 25, 2024 5:00 PM ET Company Participants Phillip Yeager - President, CEO & Vice Chairman Brian Alexander - EVP & COO Kevin Beth - EVP, CFO & Treasurer Conference Call Participants Scott Group - Wolfe Research Jon Chappell - Evercore ISI Bascome Majors - Susquehanna Financial Group Brian Ossenbeck - JPMorgan Justin Long - Step...
Highlights: Diluted earnings per share (EPS) of $0.44 for the quarter First quarter revenue of $1.0 billion GAAP Quarterly operating income of $37 million (3.7% of revenue) Executing on Capital Allocation Plan including completing our stock split, purchasing $26 million of shares during the quarter and paying the company's first quarterly cash dividend of $0.125 per common share Ended t...
OAK BROOK, Ill., April 11, 2024 (GLOBE NEWSWIRE) -- Hub Group, Inc. (Nasdaq: HUBG) will hold a conference call at 5:00 p.m. Eastern Time on Thursday, April 25, 2024, to discuss its first quarter 2024 results. The results will be announced via press release after the market closes on the day of the call.
OAK BROOK, Ill., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Hub Group, Inc. (Nasdaq: HUBG) today announced its Board of Directors declared a quarterly cash dividend of $0.125 per share on the Company's Class A and Class B Common Stock. The dividend is scheduled to be paid on March 27, 2024, to stockholders of record as of March 8, 2024.
Highlights: Completed 2:1 stock split; Q4 Diluted earnings per share (EPS) presented post-split of $0.46 and $2.62 for the full year Adjusting for acquisition related expenses of $5.1 million, Q4 adjusted EPS (non-GAAP) of $0.54 and $2.68 for full year Full year revenue of $4.2 billion; Fourth quarter revenue of $1.0 billion GAAP Quarterly operating income of $29 million (3.0% of revenu...
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