HUBG - Hub Group GAAP EPS of $1.88 beats by $0.04 revenue of $1.2B misses by $30M
2023-04-27 16:19:52 ET
- Hub Group press release ( NASDAQ: HUBG ): Q1 GAAP EPS of $1.88 beats by $0.04 .
- Revenue of $1.2B (-7.7% Y/Y) misses by $30M .
- 2023 Outlook
- We expect our 2023 diluted earnings per share will range from $6.00 to $7.00. We estimate revenue will range from $4.6 to $4.8 billion. We project our effective tax rate for the year will be 23.5-24.5%. 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 $1.88 beats by $0.04, revenue of $1.2B misses by $30M