NASDAQ$HUBG

Hub Group Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Announced fourth quarter results with revenue growth and strategic investments.

Hub Group reported a 6% increase in revenue for the fourth quarter of 2020, driven by strong freight market conditions and growth with strategic customers. Net income was $22.4 million, or $0.67 per diluted share, which includes expenses related to insurance claims, restructuring charges, and acquisition-related expenses. The company continues to invest in its business, including container and tractor fleets, and completed the acquisition of NSD to expand its service offering.

  • Revenue increased by 6% to $953 million compared to Q4 2019.
  • Intermodal revenue increased by 5% due to a 9% increase in volume.
  • Truck brokerage revenue grew by 27% despite an 8% decline in volume.
  • Acquired NSD for $90 million in cash, expanding last mile delivery capabilities.

Headline financials

Total Revenue

$953M

Previous: $901M+5.8%
EPS (adj)

$0.81

Previous: $0.84-3.6%
Capital Expenditures

$60M

Previous: $39.2M+52.8%
Free Cash Flow

-$7.69M

Previous: $86.6M-108.9%
Net Income

$22.4M

Previous: $28M-20.0%
Operating Income

$31M

Previous: $38.9M-20.3%
Gross Profit

$106M

Previous: $126M-16.1%
Cash & Equivalents

$125M

Previous: $169M-26.0%
Total Assets

$2.11B

Previous: $1.99B+5.7%
Stock-Based Comp

$4.38M

Previous: $3.85M+13.6%

Revenue & EPS history

Hub Group · Revenue · Quarterly

$953M

Q4 2020+5.8%vs Q4 2019
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Forward guidance

The company expects capital expenditures for fiscal year 2021 to range from $150 million to $170 million, primarily for containers, tractors, and technology investments. They plan to add approximately 2,500 containers and 750 tractors.

Tailwinds

  • Investments to support growth in the business.
  • Addition of approximately 2,500 containers.
  • Net growth of approximately 2,000 containers after retirements.
  • Addition of approximately 750 tractors.
  • 500 tractors for replacements of older units and 250 to support growth in drayage and dedicated fleets.

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 Q4 2020

Historical avgQ4 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

Earnings price reactions
QuarterReport dateReaction (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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