OAK BROOK, Ill. (AP) _ Hub Group Inc. (HUBG) on Thursday reported fourth-quarter net income of $79.3 million.
On a per-share basis, the Oak Brook, Illinois-based company said it had profit of $2.42.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.36 per share.
The transportation management company posted revenue of $1.29 billion in the period, which fell short of Street forecasts. Five analysts surveyed by Zacks expected $1.41 billion.
For the year, the company reported profit of $356.9 million, or $10.64 per share. Revenue was reported as $5.34 billion.
Hub Group expects full-year earnings in the range of $7 to $8 per share, with revenue in the range of $5.2 billion to $5.4 billion.
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