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Dec 31, 2021
Hub Group Q4 2021 Earnings Report
Reported record revenue and profit due to strong freight demand and focus on yield improvement and operating efficiency.
Key Takeaways
Hub Group reported a strong fourth quarter in 2021 with record revenue and profit, driven by exceptional freight demand and improved operational efficiency. Revenue increased by 32% to $1.3 billion, and diluted EPS reached a record $2.48, nearly four times the prior year's EPS.
Revenue increased by 32% due to strong freight demand.
Record quarterly diluted EPS of $2.48, nearly four times the prior year’s EPS was achieved.
Intermodal revenue increased 25% to $702 million.
Truck brokerage revenue grew 112% to $268 million.
Hub Group
Hub Group
Hub Group Revenue by Segment
Revenue by Segment
Logistics Revenue
CapyFin.com Forward Guidance
Hub Group expects 2022 diluted earnings per share to range from $5.90 to $6.30 and revenue to range from $4.9 to $5.1 billion.