Hub Group Q3 2024 Adj. EPS $0.52 Beats $0.48 Estimate, Sales $986.892M Miss $1.062B Estimate
Portfolio Pulse from Benzinga Newsdesk
Hub Group (NASDAQ:HUBG) reported Q3 2024 earnings per share of $0.52, surpassing the analyst estimate of $0.48. However, their sales of $986.892 million fell short of the expected $1.062 billion, marking a 3.70% decrease from the previous year.
October 30, 2024 | 8:39 pm
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Hub Group's Q3 2024 earnings per share exceeded expectations, but sales fell short, indicating mixed financial performance.
The earnings per share beat suggests operational efficiency or cost management, which is positive. However, the sales miss and year-over-year decline indicate potential challenges in revenue generation, balancing the overall impact.
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