Key PointsJ.B. Hunt had a weak quarter that calls the outlook into question. Contraction is worse than expected and economic headwinds continue to blow. Cash flow and the balance sheet are sufficient to sustain the dividend until recovery takes hold.5 stocks we like better than J.B. Hunt Transport ServicesJ.B. Hunt NASDAQ: JBHT is amid an industry normalization that will reinvigorate its market. However, the normalizing is taking longer than expected, and there are risks to the economy that point to lower p ...

Key TakeawaysShares in J.B. Hunt fell sharply ahead of Wednesday's opening bell after the transportation and logistics company's quarterly results came in short of analysts' expectations.The company reported flat volumes in its key Intermodal business due to weaker demand amid increased trucking competition across its Eastern network.A successful hold above the lower trendline of an ascending channel around $174 could see a reversal back to the upside in J.B. Hunt shares. J.B. Hunt Transport Services (JBHT) ...

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 ...