Hub Group Inc. Reveals 43% Fall In Q1 Earnings

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

The company said its earnings fell to $10.33 million, or $0.321 per share. This was lower than $17.97 million, or $0.51 per share, in last year's first quarter.

The company said revenue for the quarter rose 10.9% to $893.45 million. This was up from $805.86 million last year.

Hub Group Inc. earnings at a glance:

-Earnings (Q1): $10.33 Mln. vs. $17.97 Mln. last year. -Earnings Decline (Y-o-Y): -42.5% -EPS (Q1): $0.321 vs. $0.51 last year. -EPS Decline (Y-o-Y): -37.1% -Revenue (Q1): $893.45 Mln vs. $805.86 Mln last year. -Revenue Change (Y-o-Y): 10.9%