Hub Group’s Q1 revenue declines 8% to $915M
From Yahoo Finance: 2025-05-08 18:59:00
Hub Group’s first-quarter revenue decreased by 8% to $915.2 million, citing lower demand and intermodal revenue per load. Earnings per share remained steady at 44 cents. The company missed revenue expectations but beat EPS predictions. Full-year 2025 outlook was lowered, with adjusted EPS between $1.75 to $2.25 and revenue of $3.6 billion to $4 billion. CFO attributes potential slowdown to imports from China. Intermodal and transportation solutions revenue dropped to $530 million, while the logistics segment saw a 14% decrease to $411 million due to lower volume and revenue per load. Hub Group anticipates capital expenditures of $40-50 million for the year, focusing on new tractors over containers.
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