Hub Group

Hub Group Inc. gains over 18 percent after outstanding results

Transportation logistics company Hub Group Inc. announced better than expected results for fourth quarter. The company reported an increase of 33 percent in earnings at $18 million compared to $13.5 million for the same quarter last year. The company reported a five percent increase in revenue at $445 million.

As per poll of Thomson Financial, technical analysts expected the company to post an earning of 37 cents per share. The stock price jumped over 18 percent as the company surprised investors positively by reporting earnings of 47 cents per share.