Investing.com - Hub Group (NASDAQ:HUBG) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Hub Group announced earnings per share of $2.61 on revenue of $1.36. Analysts polled by Investing.com anticipated EPS of $2.46 on revenue of $1.43B.
Hub Group shares are down 18% from the beginning of the year, still down 16.29% from its 52 week high of $89.61 set on August 16.
Hub Group shares gained 0.57% in after-hours trade following the report.
Hub Group follows other major Industrials sector earnings this month
Hub Group's report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $2.99 on revenue of $24.2B, compared to forecasts EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on Tuesday with third quarter EPS of $1.21 on revenue of $17B, compared to forecast for EPS of $1.14 on revenue of $17.31B.
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