Hub Group Inc. Q3 Income Falls 10%

(RTTNews) - Hub Group Inc. (HUBG) released earnings for third quarter that dropped from last year.

The company said its profit totaled $17.92 million, or $0.54 per share. This was lower than $19.83 million, or $0.55 per share, in last year's third quarter.

Analysts had expected the company to earn $0.55 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.7% to $932.81 million. This was up from $899.87 million last year.

Hub Group Inc. earnings at a glance:

-Earnings (Q3): $17.92 Mln. vs. $19.83 Mln. last year. -Earnings Decline (Y-o-Y): -9.6% -EPS (Q3): $0.54 vs. $0.55 last year. -EPS Decline (Y-o-Y): -1.8% -Analysts Estimate: $0.55 -Revenue (Q3): $932.81 Mln vs. $899.87 Mln last year. -Revenue Change (Y-o-Y): 3.7%