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Hub Group, Inc. Reports Record Second Quarter 2016 Earnings

Hub Group reported net income of $20.7 million for the second quarter ended June 30, 2016 compared to $18.5 million in the second quarter of 2015. Hub Group’s diluted earnings per share was $0.61 for the quarter. Earnings per share increased 20% when compared with the prior year period. Hub Group’s revenue decreased 5% to $856 million due primarily to lower fuel revenue.

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Hub Group reported net income of $20.7 million for the second quarter ended June 30, 2016 compared to $18.5 million in the second quarter of 2015. Hub Group’s diluted earnings per share was $0.61 for the quarter. Earnings per share increased 20% when compared with the prior year period. Hub Group’s revenue decreased 5% to $856 million due primarily to lower fuel revenue.

To access this information directly from the company, click here.

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