Hub Group Inc is a leading logistics and transportation management company that provides comprehensive supply chain solutions to businesses worldwide
The company specializes in intermodal, truckload, and logistics services, offering efficient and cost-effective transportation options that meet the diverse needs of its clients. By leveraging advanced technology and industry expertise, Hub Group helps streamline operations, enhance shipment visibility, and optimize freight management for its customers, ultimately driving business growth and improving operational efficiency. The company is committed to delivering personalized service and innovative solutions tailored to the unique challenges of the logistics landscape.
Industrials businesses quietly power the physical things we depend on, from cars and homes to e-commerce infrastructure. Unfortunately, this role also comes with a demand profile tethered to the ebbs and flows of the broader economy,
and the industry is currently lagging as its six-month return of 2.8% has trailed the S&P 500’s 8.1% gain.
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the air freight and logistics industry, including FedEx (NYSEFDX) and its peers.
Looking back on air freight and logistics stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Hub Group (NASDAQHUBG) and its peers.
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the air freight and logistics industry, including United Parcel Service (NYSEUPS) and its peers.
Wrapping up Q4 earnings, we look at the numbers and key takeaways for the air freight and logistics stocks, including GXO Logistics (NYSEGXO) and its peers.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Expeditors (NYSEEXPD) and the rest of the air freight and logistics stocks fared in Q4.
Logistics solutions provider Hub Group (NASDAQHUBG) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 1.2% year on year to $973.5 million. On the other hand, the company’s outlook for the full year was close to analysts’ estimates with revenue guided to $4.15 billion at the midpoint. Its GAAP profit of $0.40 per share was 17.4% below analysts’ consensus estimates.
Hub Group currently trades at $43.96 per share and has shown little upside over the past six months, posting a middling return of 1.7%. The stock also fell short of the S&P 500’s 10% gain during that period.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Hub Group (NASDAQHUBG) and the rest of the air freight and logistics stocks fared in Q3.
Looking back on air freight and logistics stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including United Parcel Service (NYSEUPS) and its peers.
Logistics solutions provider Hub Group (NASDAQHUBG) missed Wall Street’s revenue expectations in Q3 CY2024, with sales falling 3.7% year on year to $986.9 million. The company’s full-year revenue guidance of $4 billion at the midpoint also came in 2.9% below analysts’ estimates. Its GAAP profit of $0.39 per share was also 18.9% below analysts’ consensus estimates.
