Tempura/E+ via Getty ImagesSummary Following my coverage of J.B. Hunt Transport Services (NASDAQ:JBHT), for which I recommended a buy rating due to my expectation that the downcycle for JBHT is likely to be over and that it should see positive volume growth ahead, this post is to provide an update on my thoughts on the business and stock. I remain positive about the JBHT recovery trajectory, as can be seen in the intermodal [IM] segment volume performance. As volume increases, positive pricing growth sh ...

LOWELL, Ark.--(BUSINESS WIRE)--J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) President Shelley Simpson and Executive Vice President of People and President of Highway Services Brad Hicks will address Citi’s 2024 Global Industrial Tech and Mobility Conference at 8:50 a.m. EST on February 20, 2024, and the Barclays 41st Annual Industrial Select Conference at 11:30 a.m. EST on February 21, 2024. President Shelley Simpson and Executive Vice President and President of Intermodal Darren Field will address Ra ...

J.B. Hunt Transport Services, Inc.’s (JBHT) fourth-quarter 2023 earnings per share of $1.47 missed the Zacks Consensus Estimate of $1.74 and declined 23.4% year over year.Total operating revenues of $3,303.70 million surpassed the Zacks Consensus Estimate of $3,236.2 million but fell 9.5% year over year. Total operating revenues, excluding fuel surcharge revenue, decreased approximately 6% year over year. The downfall was due to a 12% and 7% decline in volume in Integrated Capacity Solutions (ICS) and Truck ...

Key PointsJ.B. Hunt had a mixed quarter, but the good news was enough to move the market by 4%. An updraft is forming that could take this stock to an all-time high soon. Pricing remains depressed, but volume, a leading indicators is rising in critical areas. 5 stocks we like better than J.B. Hunt Transport ServicesJ.B. Hunt Transport Services NASDAQ: JBHT struggled in Q4, which will continue in the year's first half, but an inflection point is at hand. The timing of the inflection is uncertain, but volumes ...

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) Q4 2023 Earnings Conference Call January 18, 2024 5:00 PM ET Company Participants Brad Delco - Senior Vice President, Finance John Roberts - Chief Executive Officer Shelley Simpson - President John Kuhlow - Chief Financial Officer Nick Hobbs - Chief Operations Officer and President, Contract Services Darren Field - President, Intermodal Brad Hicks - Executive Vice President, People and President, Highway Services Conference Call Participants Brandon Oglenski ...

LOWELL, Ark.--(BUSINESS WIRE)--J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) announced today that its Board of Directors has declared a regular quarterly dividend on its common stock of $ 0.43 (forty three cents) per common share, which is a 2% increase over the previous quarterly dividend. The dividend is payable to stockholders of record on February 9, 2024 and will be paid on February 23, 2024. About J.B. Hunt J.B. Hunt Transport Services Inc. is on a mission to create the most efficient transportati ...

J.B. Hunt Transportation Services Inc. (JBHT, Financial) has a solid history of delivering long-term results for shareholders. Over the past 20 years, the company has delivered a total return of 1,570% compared to a total return of 517% delivered by the S&P 500. The company benefits from competitive advantages due to its size and scope of operations. However, J.B. Hunt currently trades at a slight premium valuation to the broader market and has growth prospects which are similar to the broader market. It is ...

LOWELL, Ark.--(BUSINESS WIRE)--J.B. Hunt Transport Services Inc. (NASDAQ: JBHT), one of the largest supply chain solutions providers in North America, today announced that Patrick Ottensmeyer has been elected the newest member of its board of directors, effective January 12, expanding the board to 10 total board seats. Ottensmeyer brings more than 17 years of rail industry experience to the company’s board. He served as president and CEO of Kansas City Southern (KCS), a Class I railroad, from 2015 to 2023, ...

J.B. Hunt Transport Services, Inc. (JBHT) is scheduled to report fourth-quarter 2023 results on Jan 18, after market close.Let’s see how things have shaped up for J.B. Hunt this earnings season.Q4 ExpectationsThe Zacks Consensus Estimate for J.B. Hunt’s fourth-quarter 2023 revenues is pegged at $3.24 billion, indicating an 11.31% decline year over year. The top line is likely to have been weighed down by weakness across the majority of its segments.The Zacks Consensus Estimate for the fourth-quarter Intermo ...

Analysts on Wall Street project that JB Hunt (JBHT) will announce quarterly earnings of $1.75 per share in its forthcoming report, representing a decline of 8.9% year over year. Revenues are projected to reach $3.24 billion, declining 11.3% from the same quarter last year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 4.5% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Pri ...