J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) Q1 2024 Earnings Conference Call April 16, 2024 5:00 PM ET Company Participants Brad Delco - Senior Vice President of Finance John Roberts - Chief Executive Officer Shelley Simpson - President John Kuhlow - Chief Financial Officer Nick Hobbs - Chief Operations Officer & President of Contract Services Darren Field - President of Intermodal Brad Hicks - Executive Vice President of People & President of Highway Services Conference Call Participants Jason Seidl - ...

JB Hunt (JBHT) reported $2.94 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 8.8%. EPS of $1.22 for the same period compares to $1.89 a year ago.The reported revenue represents a surprise of -5.55% over the Zacks Consensus Estimate of $3.12 billion. With the consensus EPS estimate being $1.53, the EPS surprise was -20.26%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expec ...

JB Hunt (JBHT) came out with quarterly earnings of $1.22 per share, missing the Zacks Consensus Estimate of $1.53 per share. This compares to earnings of $1.89 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -20.26%. A quarter ago, it was expected that this trucking and logistics company would post earnings of $1.74 per share when it actually produced earnings of $1.47, delivering a surprise of -15.52%.Over the last four quart ...

Exhibit 99.1 J.B. HUNT TRANSPORT SERVICES, INC. REPORTS U.S. GAAP REVENUES, NET EARNINGS AND EARNINGS PER SHARE FOR THE FIRST QUARTER 2024 Operating income for the current quarter decreased 30% to $194.4 million versus $277.5 million for the first quarter 2023. The decrease in operating income was primarily due to a combination of lower volumes and yield pressure in JBI, ICS and JBT, as well as increases in equipment, insurance and claims, and bad debt expense. Operating income as a percentage of gross reve ...

J.B. Hunt Transport Services, Inc. (JBHT) is scheduled to report first-quarter 2024 results on Apr 16, after market close.J.B. Hunt has a disappointing earnings surprise history, having lagged the Zacks Consensus Estimate in each of the preceding four quarters, the average miss being 8.42%.Let’s see how things have shaped up for J.B. Hunt this earnings season.Q1 ExpectationsThe Zacks Consensus Estimate for J.B. Hunt’s first-quarter 2024 revenues is pegged at $3.14 billion, indicating a 2.83% decline year ov ...

Wall Street analysts forecast that JB Hunt (JBHT) will report quarterly earnings of $1.54 per share in its upcoming release, pointing to a year-over-year decline of 18.5%. It is anticipated that revenues will amount to $3.12 billion, exhibiting a decline of 3.3% compared to the year-ago quarter.The consensus EPS estimate for the quarter has been revised 3% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates ...

J.B. Hunt Transport Services, Inc.’s (JBHT) top line continues to grapple with lower revenues across all the business segments, mainly due to a combination of lower volume and customer rates. JBHT’s fourth-quarter 2023 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, fell 6% year over year. The downfall was due to a 12% and 7% decline in volume in Integrated Capacity Solutions (I ...

Wall Street expects a year-over-year decline in earnings on lower revenues when JB Hunt (JBHT) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 16. On the ot ...

J.B. Hunt Transport Services, Inc.’s (JBHT) consistent efforts to reward its shareholders through dividend payments and share repurchases look encouraging. Concurrent with the fourth quarter of 2023 earnings release, JBHT’s board of directors approved a dividend hike of 2%, thereby raising its quarterly cash dividend to 43 cents from 42 cents per share. The raised dividend was paid on Feb 23, 2024, to all its shareholders of record as of Feb 9. The move reflects JBHT’s intention to utilize free cash to enha ...

J.B. Hunt Transport Services (JBHT) announced that Shelley Simpson, who has been associated with the company for a long time, has been promoted to the position of chief executive officer. The elevation is part of the succession plan, laid out by the trucking company for its top leadership.Simpson is hugely experienced, being associated with the company for nearly 30 years. Notably, she has been serving as the company’s president since Aug 1, 2022. Moreover, Kirk Thompson, current executive chairman of JBHT’ ...