Why did HUBG's Q3 earnings surprise soar unexpectedly?

Hub Group's (HUBG) Q3 earnings surprise soared unexpectedly due to several key factors: 1. **Intermodal Growth**: Hub Group achieved notable intermodal volume growth, driven by strong performance in the local East and Mexico regions. This growth was a significant positive contributor to the company's earnings. 2. **Cost Management and Efficiency Enhancements**: Despite challenges in revenue and market conditions, Hub Group focused on cost management and efficiency enhancements, which helped maintain momentum and profitability. 3. **Service Delivery**: The company's focus on delivering high-quality services likely helped maintain customer satisfaction and loyalty, which in turn supported its financial performance. Overall, Hub Group's strategic focus on intermodal growth, cost management, and service delivery were instrumental in achieving strong earnings despite challenging market conditions.