Hub Group, Inc. Provides Earnings Guidance for the Full Year of 2022
October 27, 2022 at 04:06 pm
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Hub Group, Inc. provided earnings guidance for the full year of 2022. The company expects 2022 diluted earnings per share will range from $10.40 to $10.60. The company estimates revenue will be approximately $5.5 billion and that gross margin as a percentage of revenue will range from 16.5% to 16.7%.
Hub Group, Inc. is a supply chain solutions provider, which offers comprehensive transportation and logistics management services. The Company operates through two segments: Intermodal and Transportation Solutions (ITS), and Logistics. Its ITS segment includes its intermodal and dedicated trucking. Its Logistics segment includes full outsource logistics solutions, transportation management services, freight consolidation, warehousing and fulfillment, and final mile delivery services. Logistics also includes its brokerage business which provides third-party truckload, less-than-truckload (LTL), flatbed and temperature-controlled needs. The Companyâs service offerings include a full range of freight transportation and logistics services, some of which are provided by assets the Company owns and operates, and some of which are provided by third parties with whom it contracts. The Company serves range of industries, including retail, consumer products, automotive and durable goods.
HUB GROUP, INC. 
