Hub Group’s first quarter revenue decreases 8% up to $ 915 million

Nucleus group Recorded an 8% year -on -year decrease in the first quarter’s total revenue, up to $ 915.2 million. Cited a lower demand and decrease in intermodal income per load.

The transport provider reported a profit from the first quarter per action of 44 cents, in accordance with the EPS in the same period of the previous year.

“ Our clients have adopted different approaches to managing the implementation of rates, with the majority adopting a waiting approach, while others have advanced the inventory based on their final markets, types of product and origin of their finished assets, ” said Phil Yeager, president and CEO of the HUB group, during the earnings call on Thursday. “It is not clear what long -term and long -term impacts are, as many of our customers have diversified their vendor base and their supply chains to ensure fluency through these possible interruptions.”

Oak Brook, Hub Illinois Hub Group (NASDAQ: Hubg) It is a provider of transport and logistics management solutions.

Hub Group lost expectations of Wall Street with income of $ 966 million, but exceeded EPS predictions of 42 cents per action.

The company reduced its 2025 perspectives throughout the year, with a tight benefit by action ranging from $ 1.75 to $ 2.25. Full year income is expected to be between 3.6 billion and $ 4 billion.

Hub Group’s previous 2025 prospects requested an EPS range from $ 1.40 to $ 4 billion to $ 4.3 billion.

CFO Kevin Beth said that the lower end of the company’s Outlook rank by 2025 would be due to an extensive slowdown in imports of imports from China and/or weakening consumer spending.

“Our assumptions at the high end of the range include a short slowdown on the west coast of China imports or a strong demand for bounce on the west coast, causing an increase in volume by later half of the year that allows to increase prices for high season surcharges,” said Beth.

The income of the intermodal and transport solution segment of the first quarter of Hub Group was $ 530 million, compared to $ 552 million last year.

Yeager said that the company has not yet seen significant west volume fall, as imports from China be slowed due to the impact of the rates.

“We have not seen the slowdown that is obviously expected, but at this time it does not appear in our data,” said Yeager. “We believe that the client will vary and the amount they have advanced, the amount of seasonal products they have, the amount of diversification in their supply strategy they have been able to execute. With regard to exhibition with China, about 25% of our west coast volume is related to ports, 30% of China.”