To Hobo it out, (or hoboing it out) is to leave someplace in a hurry while looking muddled and unprepared (like a hobo or bum.)
"Zoe hoboed it out to the schoolbus; her hair unbrushed, a jacket half on and her shoes untied."
"Gabby, with a hand full of loose papers and her backpack still open, was hoboing it home."
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