How did HUBG's revenue and expenses trend in Q4 2024?
4/14/2025 03:37pm
**Hub Group's (HUBG) revenue and expenses in Q4 2024 are not currently available.** However, insights into the company's financial performance for Q3 2024 can be provided.
1. **Revenue Trend**: Hub Group reported a third-quarter revenue of $987 million for Q3 2024, which represents a 3.7% decrease from the $1 billion reported in the same quarter of the previous year. This decline reflects the ongoing weakness in the freight market and lower revenue per load, particularly in the intermodal and brokerage segments.
2. **Expense Trend**: The company's adjusted operating income margin improved to 4.3% in Q3 2024, up from 3.3% in the previous year, indicating better cost management. Hub Group's Intermodal Adjusted Operating Margin also saw improvement, reaching 2.7% in Q3 2024, up from 2.0% in the same quarter of the previous year. However, the decline in revenue per load, which was offset by intermodal volume growth, suggests that cost management remained a critical focus to maintain profitability.
Given the available data, a comprehensive analysis of HUBG's revenue and expenses in Q4 2024 cannot be provided. However, the trends observed in Q3 2024—declining revenue due to market conditions but improving expense management and operating margins—likely continued into Q4 2024, with the company focusing on yield management and cost control to mitigate the impact of weak market conditions.