An American Airlines Boeing 787 lands at DFW in undated photo. getty At every opportunity, American Airlines executives declare that they want to grow in the Sunbelt, particularly in their largest hubs – Charlotte and Dallas. The strategy reached new heights in recent months, but it also underscores a weakness in the carrier's network. American is strong in the Sunbelt and not so strong to the north and on the West Coast. That's a disadvantage in the competition with Delta and United, its peers. And America ...

Jetta Productions Inc While there is a freight recession that has significantly affected the financial results of freight and logistics providers, there are some companies that I believe hold compelling upside. Hub Group (NASDAQ:HUBG) is such a name. In May 2024, I initiated coverage for Hub Group with a buy rating and while the outperformance is not spectacular by any means, the stock returned 6.2% compared to a 5.4% for the broader markets. In this report, I will be discussing the most recent earnings whi ...

● . . | --- | --- | |---------------------------------------------------|-------| | | | | Tenet and Elite Times CPA Sign Strategic Alliance | | | Agreement to Bring 1,000 New SMEs and | | | Automated Bookkeeping to the Cubeler Business Hub | | August 14, 2024 7:30 AM EDT | Source: Tenet Fintech Group Inc. Toronto, Ontario--(Newsfile Corp. - August 14, 2024) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the ...

DENVER and VANCOUVER, British Columbia, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Cologix, a leading network-neutral interconnection and hyperscale edge data center company in North America, announced its collaboration with Consensus Core, an AI cloud service provider, to support the needs of AI technologies at its MTL10 ScalelogixSM data center in Montréal, Canada. This collaboration enables Consensus Core to launch a new, NVIDIA-powered GPU-as-a-Service (GPUaaS) in the Canadian market and transforms MTL10 into a ...

Hub Group, Inc. (NASDAQ:HUBG) Q2 2024 Results Conference Call August 1, 2024 5:00 PM ET Company Participants Phillip Yeager - President, Chief Executive Officer and Vice Chairman Brian Alexander - Chief Operating Officer Kevin Beth - Chief Financial Officer Conference Call Participants Scott Group - Wolfe Research Bruce Chan - Stifel Bascome Majors - Susquehanna Financial Group Thomas Wadewitz - UBS Christopher Kuhn - The Benchmark Company Elliot Alper - TD Cowen Daniel Imbro - Stephens Brian Ossenbeck - JP ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 0-27754 HUB GROUP, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (I. ...

Hub Group (HUBG) reported $986.5 million in revenue for the quarter ended June 2024, representing a yearover-year decline of 5.2%. EPS of $0.47 for the same period compares to $0.72 a year ago. The reported revenue represents a surprise of -10.33% over the Zacks Consensus Estimate of $1.1 billion. With the consensus EPS estimate being $0.48, the EPS surprise was -2.08%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine thei ...

Hub Group (HUBG) came out with quarterly earnings of $0.47 per share, missing the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.72 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -2.08%. A quarter ago, it was expected that this transportation management company would post earnings of $0.40 per share when it actually produced earnings of $0.44, delivering a surprise of 10%. Over the last four qua ...

EXHIBIT 99.1 Hub Group Reports Second Quarter 2024 Results Highlights: Diluted earnings per share (EPS) of $0.47 for the quarter Second quarter revenue of $1.0 billion Quarterly operating income of $40 million or 4.0% of revenue Executing on Capital Allocation Plan by returning $48 million to shareholders year-to-date through dividend payments of $15 million and stock repurchases of $33 million Strong balance sheet with cash and cash equivalents of $220 million and net debt/EBITDA of 0.3x (non-GAAP) as of J ...

Highlights: Diluted earnings per share (EPS) of $0.47 for the quarter Second quarter revenue of $1.0 billion Quarterly operating income of $40 million or 4.0% of revenue Executing on Capital Allocation Plan by returning $48 million to shareholders year-to-date through dividend payments of $15 million and stock repurchases of $33 million Strong balance sheet with cash and cash equivalents of $220 million and net debt/EBITDA of 0.3x (non-GAAP) as of June 30, 2024 Awarded Domestic Partner of the Year by Target ...