Hub Group Sees 2024 EPS $1.80-$2.25 vs $2.12 Est., Revenue $4.3B-$4.7B vs $4.58B Est.
Portfolio Pulse from Benzinga Newsdesk
Hub Group projects its 2024 earnings per share (EPS) to be in the range of $1.80-$2.25, compared to the estimated $2.12. The company also forecasts revenue to be between $4.3 billion and $4.7 billion, versus the estimated $4.58 billion.
April 25, 2024 | 9:11 pm
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NEUTRAL IMPACT
Hub Group's 2024 EPS projection ranges from $1.80 to $2.25, with revenue expectations of $4.3B to $4.7B, indicating a cautious but potentially optimistic outlook compared to the $2.12 EPS and $4.58B revenue estimates.
Hub Group's projected EPS range for 2024 shows a potential deviation from analyst estimates, suggesting a cautious outlook. However, the revenue forecast closely aligns with expectations, indicating confidence in business growth. The mixed signals could lead to a neutral short-term impact on the stock as investors digest the implications of the EPS projection against the revenue forecast.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100