Hub Group Q2 2024 GAAP EPS $0.47 Misses $0.48 Estimate, Sales $986.495M Miss $1.093B Estimate
Portfolio Pulse from Benzinga Newsdesk
Hub Group (NASDAQ:HUBG) reported Q2 2024 earnings per share of $0.47, missing the analyst estimate of $0.48. The company also reported sales of $986.495 million, falling short of the $1.093 billion estimate and representing a 5.14% decrease from the same period last year.
August 01, 2024 | 8:28 pm
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Hub Group reported Q2 2024 earnings per share of $0.47, missing the analyst estimate of $0.48. The company also reported sales of $986.495 million, falling short of the $1.093 billion estimate and representing a 5.14% decrease from the same period last year.
The earnings and revenue misses, along with a year-over-year sales decline, are likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100