Justin Paget/DigitalVision via Getty Images J.B. Hunt is finding itself in a unique position as the macroeconomic data appears relatively mixed. On the one hand, June ISM-PMIs are flashing contractionary territory as business activity, new orders, backlogs, and inventories fall into sharp decline. I believe the silver lining here is that inventories have been drastically drawn down in an attempt to right-size businesses, and that replenishment will inevitably occur. Though this is a more optimistic outlook, ...

At last glance, JBHT was down 7.2% at $163.31, looking to snap a five-day win streak. That small rally further removed the stock from its June 14, three-year low of $153.12, though it's still down 18.3% this year. J.B. Hunt Transport Services Inc (NASDAQ:JBHT) stock is slipping today following the ground freight and logistics company's disappointing second-quarter results, with profits falling 24% due to industry headwinds. Plenty of analysts adjusted their price targets after the event, including a hike fr ...

Quarterly earnings of $1.32 per share missed the Zacks Consensus Estimate of $1.51 and declined 27% year over year. Operating income for the reported quarter fell 24% year over year to $205.7 million. The downside was owing to lower revenues and higher insurance and claims, equipment-related, and certain personnel-related expenses. Segmental Highlights Transcontinental network loads increased 4% year over year, while eastern network loads decreased 7%. Dedicated Contract Services segment revenues fell 4% fr ...

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) Q2 2024 Earnings Call Transcript July 16, 2024 5:00 PM ET Company Participants Brad Delco - SVP of Finance Shelley Simpson - President and CEO John Kuhlow - CFO Spencer Frazier - EVP of Sales and Marketing Nick Hobbs - COO and President, Contract Services Darren Field - President, Intermodal Brad Hicks - President, Highway Services and EVP of People Conference Call Participants Jon Chappell - Evercore ISI Jordan Alliger - Goldman Sachs Chris Wetherbee - Wells ...

JB Hunt (JBHT) reported $2.93 billion in revenue for the quarter ended June 2024, representing a year-overyear decline of 6.5%. EPS of $1.32 for the same period compares to $1.81 a year ago. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Intermodal - Trailing equipment (end of ...

This quarterly report represents an earnings surprise of -12.58%. A quarter ago, it was expected that this trucking and logistics company would post earnings of $1.53 per share when it actually produced earnings of $1.22, delivering a surprise of -20.26%. JB Hunt, which belongs to the Zacks Transportation - Truck industry, posted revenues of $2.93 billion for the quarter ended June 2024, missing the Zacks Consensus Estimate by 3.53%. This compares to year-ago revenues of $3.13 billion. The company has toppe ...

This presentation and discussion may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "expects," "anticipates," "intends," "estimates," or similar expressions are intended to identify these forward-looking statements. These statements are based on J.B. Hunt's current plans and expectations and involve risks and uncertainties that could cause future activities and results of operations to be materially different from those set forth ...

FOR IMMEDIATE RELEASE J.B. Hunt Transport Services, Inc. 615 J.B. Hunt Corporate Drive Contact: Brad Delco Senior Vice President – Finance Lowell, Arkansas 72745 (479) 820-2723 (NASDAQ: JBHT) ■ Second Quarter 2024 Revenue: $2.93 billion; down 7% ■ Second Quarter 2024 Operating Income: $205.7 million; down 24% ■ Second Quarter 2024 EPS: $1.32 vs. $1.81; down 27% Operating income for the current quarter decreased 24% to $205.7 million versus $270.7 million for the second quarter 2023. The decrease in operatin ...

Loading... Loading... J.B. Hunt Transport Services, Inc. JBHT will release its second quarter financial results, after the closing bell on Tuesday, July 16. Analysts expect the Lowell, Arkansas-based company to report quarterly earnings at $1.53 per share, down from $1.81 per share in the year-ago period. J.B. Hunt Transport is expected to post revenue of $3.05 billion, compared to $3.13 billion a year earlier, according to data from Benzinga Pro. On April 16, J.B. Hunt Transport reported first-quarter 2024 ...

J.B. Hunt Transport Services, Inc. (JBHT) is scheduled to report second-quarter 2024 results on Jul 16, after market close. Let's see how things have shaped up for J.B. Hunt this earnings season. The Zacks Consensus Estimate for J.B. Hunt's second-quarter 2024 revenues is pegged at $3.09 billion, indicating a 1.20% decline year over year. The top line is likely to have been weighed down by weakness across the majority of its segments. The consensus mark for Dedicated Contract Services segment revenues is pe ...