NASDAQ$HUBG
Hub Group Inc · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Reported a decrease in revenue and operating income due to soft demand environment and increased competition, but saw improvement throughout the quarter.
Hub Group's Q2 2020 net income was $13.2 million, or $0.39 per diluted share, which included $7.0 million of donation, consulting, and severance expenses. Revenue decreased by 15% to $779 million compared to Q2 2019. The company saw improved business conditions throughout the quarter and is adding containers and tractors to support future growth.
- Net income was $13.2 million, or $0.39 per diluted share, including $7.0 million in donation, consulting, and severance expenses.
- Revenue decreased 15% to $779 million compared to the prior year.
- Operating income was $21 million, including $9.6 million in donation, consulting, and severance expenses.
- The company is adding 3,500 containers and purchasing over 200 tractors to refresh the fleet and reduce operating costs.
Headline financials
Revenue & EPS history
Hub Group · Revenue · Quarterly
$779M
Forward guidance
Capital expenditures for the remainder of fiscal year 2020 are expected to range from $65 million to $75 million, and primarily consist of investments to support growth in the business, including containers, tractors and trailers, as well as IT hardware and software.
Tailwinds
- Investments to support growth in the business
- Including containers, tractors and trailers
- IT hardware and software
- Adding 3,500 containers in 2020
- Take delivery of over 200 tractors to refresh our fleet
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2020
+1.3%
Avg return
Earnings day
+2.4%
Avg return
5 days after
+4.2%
Avg return
30 days after
61%
42 / 69 earnings
Positive
+14.0%
Q3 2017
Best reaction
-16.0%
Q2 2017
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | +2.1% | +3.4% | +24.2% | |
| Q4 2025 | +1.5% | +3.7% | +24.8% | |
| Q3 2025 | -0.6% | -0.7% | +8.0% | |
| Q2 2025 | -4.3% | +0.9% | +6.9% | |
| Q1 2025 | +0.4% | +7.1% | +1.7% | |
| Q4 2024 | -4.2% | -2.7% | -9.1% | |
| Q3 2024 | -0.2% | +1.3% | +18.7% | |
| Q2 2024 | -9.1% | -8.3% | +0.8% | |
| Q1 2024 | -0.2% | +0.6% | +8.1% | |
| Q4 2023 | -2.1% | -1.9% | -6.8% | |
| Q3 2023 | -5.1% | -6.9% | +2.0% | |
| Q2 2023 | +3.4% | +3.3% | -7.6% | |
| Q1 2023 | -2.7% | -2.7% | -4.0% | |
| Q4 2022 | +10.4% | +12.4% | +6.2% | |
| Q3 2022 | +2.8% | +5.8% | +9.9% | |
| Q2 2022 | +5.8% | +7.2% | +2.5% | |
| Q1 2022 | +3.8% | +14.0% | +13.5% | |
| Q4 2021 | +7.9% | +7.0% | +10.4% | |
| Q3 2021 | +1.9% | +4.2% | +6.0% | |
| Q2 2021 | +3.7% | +4.5% | +9.0% | |
| Q1 2021 | +1.6% | +7.0% | -2.2% | |
| Q4 2020 | +4.4% | +6.7% | +11.1% | |
| Q3 2020 | +1.3% | +3.9% | +12.1% | |
| Q2 2020 | +3.2% | +2.9% | +6.0% | |
| Q1 2020 | -15.6% | -12.2% | -7.1% | |
| Q4 2019 | +7.8% | +0.2% | -17.3% | |
| Q3 2019 | -7.7% | -1.6% | +2.9% | |
| Q2 2019 | +11.7% | +6.1% | +6.3% | |
| Q1 2019 | +0.5% | +11.4% | -5.7% | |
| Q4 2018 | -0.9% | -0.4% | -7.0% | |
| Q3 2018 | +11.6% | +12.6% | +5.5% | |
| Q2 2018 | +10.0% | +15.0% | +13.9% | |
| Q1 2018 | -0.3% | +0.8% | +15.7% | |
| Q4 2017 | -5.7% | +0.1% | -2.8% | |
| Q3 2017 | +14.0% | +10.6% | +13.5% | |
| Q2 2017 | -16.0% | -15.5% | -6.1% | |
| Q1 2017 | -0.7% | -3.6% | -14.2% | |
| Q4 2016 | +7.9% | +6.4% | +11.5% | |
| Q3 2016 | -10.3% | -8.5% | +9.2% | |
| Q2 2016 | -0.0% | +1.1% | -1.1% | |
| Q1 2016 | +6.3% | — | — | |
| Q4 2015 | +10.2% | — | — | |
| Q3 2015 | +8.7% | — | — | |
| Q2 2015 | +8.4% | — | — | |
| Q1 2015 | +8.1% | — | — | |
| Q4 2014 | +7.1% | — | — | |
| Q3 2014 | +3.0% | — | — | |
| Q2 2014 | -5.1% | — | — | |
| Q1 2014 | +6.0% | — | — | |
| Q4 2013 | +3.2% | — | — | |
| Q3 2013 | +2.8% | — | — | |
| Q2 2013 | +6.5% | — | — | |
| Q1 2013 | -5.6% | — | — | |
| Q4 2012 | -0.5% | — | — | |
| Q3 2012 | +0.1% | — | — | |
| Q2 2012 | +1.0% | — | — | |
| Q1 2012 | +0.3% | — | — | |
| Q2 2011 | -0.7% | — | — | |
| Q4 2011 | -0.7% | — | — | |
| Q3 2011 | -1.1% | — | — | |
| Q4 2010 | -3.9% | — | — | |
| Q1 2010 | -0.4% | — | — | |
| Q1 2011 | -0.4% | — | — | |
| Q4 2008 | +2.1% | — | — | |
| Q3 2010 | +0.4% | — | — | |
| Q3 2009 | +0.4% | — | — | |
| Q2 2009 | +1.0% | — | — | |
| Q2 2010 | +1.0% | — | — | |
| Q4 2009 | +1.0% | — | — |
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