Hub Group, Inc. Class A Stock News

Hub Group faces a challenging demand environment, but LTL business growth and cost reductions provide some upside potential. Q2 revenues declined, with operating income dropping 36%, reflecting tough macroeconomic conditions and margin contraction. Revised EPS guidance is slightly lower, but Hub Group's low leverage and potential for intermodal growth offer some optimism.

OAK BROOK, Ill., Aug. 27, 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 September 25, 2024, to stockholders of record as of September 6, 2024.

Hub Group, Inc. (NASDAQ:HUBG ) Q2 2024 Results Conference Call August 1, 2024 5:00 PM ET Company Participants Phillip Yeager - President, Chief Executive Officer and Vice Chairman Brian Alexander - Chief Operating Officer Kevin Beth - Chief Financial Officer Conference Call Participants Scott Group - Wolfe Research Bruce Chan - Stifel Bascome Majors - Susquehanna Financial Group Thomas Wadewitz...

OAK BROOK, Ill., July 18, 2024 (GLOBE NEWSWIRE) -- Hub Group, Inc. (Nasdaq: HUBG) will hold a conference call at 5:00 p.m. Eastern Time on Thursday, August 1, 2024, to discuss second quarter 2024 results. The results will be announced via press release after the market closes on the day of the call.

MCLEAN, VA / ACCESSWIRE / June 17, 2024 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial") announced that it has executed a 7-year, 2-month lease with Hub Group, Inc. ("Hub Group") at its 966,753 SF industrial building in Taylor, Pennsylvania, commencing July 1, 2024. The property was purchased by Gladstone Commercial in 2014.

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...