HUBG - Hub Group GAAP EPS of $1.44 beats by $0.06 revenue of $1B misses by $120M
2023-07-27 16:32:50 ET
- Hub Group press release ( NASDAQ: HUBG ): Q2 GAAP EPS of $1.44 beats by $0.06 .
- Revenue of $1B (-28.6% Y/Y) misses by $120M .
- We expect our 2023 diluted earnings per share will range from $5.80 to $6.40. We estimate revenue will range from $4.3 to $4.5 billion, vs. consensus of $4.62B. We project our effective tax rate for the year will be 20.0-21.0%. We expect capital expenditures for containers, tractors, warehousing equipment and technology will range from $140 to $150 million.
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Hub Group GAAP EPS of $1.44 beats by $0.06, revenue of $1B misses by $120M