Hub Group reports Q1 EPS $1.88, consensus $1.84

Reports Q1 revenue $1.15B, consensus $1.23B. "Although we are in a softer demand environment the $1.2 billion of revenue we generated in the quarter is the second highest first quarter revenue in the history of our company. Our yield management, cost containment and operating efficiency initiatives resulted in operating income margin of 6.8% of revenue. We continue to execute on our long-term strategy, investing in our core business and technology while diversifying our service offering. We remain focused on managing our costs and capital structure, while supporting our customers with great service and investing for growth to drive success in a variety of market conditions," said Phil Yeager, Hub Group’s President and CEO.