Hub Group is scheduled to announce its fourth-quarter earnings results this Friday after market close. The logistics solutions provider last quarter reported revenues of $934.5 million, down 5.3% year on year, beating analysts' revenue expectations but missing EPS estimates. For this quarter, the market expects revenue to decline 5.4% year on year, a further deceleration from the 1.2% decrease in the same quarter last year. Analysts have generally reconfirmed their estimates over the last 30 days. Hub Group is the first among its peers to report earnings this season, and investor sentiment in the transportation and logistics segment has been positive, with share prices up 3.3% on average over the last month, while Hub Group's stock price was unchanged during the same period.
Hub Group IncHub Group is reporting Q4 earnings tomorrow; market expects revenue decline and analysts have reconfirmed estimates, but no actual results or guidance are provided yet.