Hub Group Q2 Profit Tops View - Quick Facts

(RTTNews) - Hub Group Inc. (HUBG) Thursday reported a rise in profit for the second quarter, helped mainly by higher revenues.

Net income for the quarter was $18.6 million or $0.50 per share from $17.0 million or $0.46 per share in the comparable quarter last year.

On average, 18 analysts polled by Thomson Reuters expected the company to earn $0.49 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues totaled $836.69 million, up 8 percent from $778.31 million last year, while twelve analysts expected revenues of $825.41 million.