Core Insights - Wall Street analysts expect JB Hunt (JBHT) to report quarterly earnings of $1.52 per share, reflecting a year-over-year decline of 16% [1] - Revenue is anticipated to be $3.09 billion, down 1.2% from the same quarter last year [1] Revenue Estimates - Analysts predict 'Revenue- Dedicated' will reach $899.91 million, indicating a year-over-year increase of 1.4% [4] - The consensus for 'Revenue- Integrated Capacity Solutions' is $309.52 million, showing a year-over-year decline of 9.9% [5] - 'Revenue- Truckload' is expected to be $179.18 million, reflecting a decrease of 6.6% year-over-year [12] - 'Revenue- Final Mile Services' is projected at $238.03 million, suggesting a year-over-year increase of 6.3% [13] Key Metrics - 'Revenue per load - Intermodal' is estimated to be $2,904.29, down from $2,968 in the same quarter last year [6] - 'Loads - Intermodal' is forecasted at 514,812, compared to 501,681 in the same quarter of the previous year [7] - 'Average trucks - Dedicated' is expected to be 13,323, slightly up from 13,236 year-over-year [8] - 'Total tractors - Truckload' is projected to be 1,941, down from 2,068 in the same quarter last year [9] - 'Revenue per load - Integrated Capacity Solutions' is expected to reach $1,821.20, up from $1,766 in the same quarter last year [14] - 'Loads - Integrated Capacity Solution' is estimated at 173,074, down from 194,635 in the same quarter last year [16] - 'Average trucks - Final Mile Services' is projected at 1,368, down from 1,551 year-over-year [15] - 'Total trucks - Dedicated' is expected to be 13,392, compared to 13,228 in the same quarter last year [17] Market Performance - Over the past month, JB Hunt shares have recorded a return of -0.7%, while the Zacks S&P 500 composite has shown a downward revision of 1.8% in the consensus EPS estimate for the quarter [10]

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Let's delve deeper. Weak Zacks Rank and Style Score: JBHT currently carries a Zacks Rank #5 (Strong Sell). The company's current Value Score of D shows its unattractiveness. Image Source: Zacks Investment Research Other Headwinds: J.B. Hunt continues to grapple with lower revenues across the majority of its business segments, mainly due to a combination of lower volume and customer rates. Higher net interest expense (owing to higher interest rates and debt issuance cost) is likely to mar J.B. Hunt's bottom ...

It has been about a month since the last earnings report for JB Hunt (JBHT) . Shares have lost about 0.3% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is JB Hunt due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Earnings Miss at J.B. Hunt in Q1 J.B. Hunt Transpor ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 0-11757 J.B. HUNT TRANSPORT SERVICES, INC. (Exact name of registrant as specified in its charter) Arkansas 71-0335111 (State or other jurisdiction (I.R.S. Employer o ...

J.B. Hunt Transport Services, Inc.'s (JBHT) first-quarter 2024 revenues of $2,944 million missed the Zacks Consensus Estimate of $3,117.1 million and fell 8.8% year over year. Total operating revenues, excluding fuel surcharge revenue, fell 7% year over year. The downfall was owing to a 9% decrease in segment gross revenue per load in both Intermodal (JBI) and Truckload (JBT), 22% fewer loads in Integrated Capacity Solution (ICS), and a modest decline in average trucks and productivity in Dedicated Contract ...

J.B. Hunt Transport Services, Inc.’s (JBHT) first-quarter 2024 earnings of $1.22 per share missed the Zacks Consensus Estimate of $1.53 and declined 35.5% year over year.JBHT’s total operating revenues of $2,944 million missed the Zacks Consensus Estimate of $3,117.1 million and fell 8.8% year over year. Total operating revenues, excluding fuel surcharge revenue, fell 7% year over year. The downfall was owing to a 9% decrease in segment gross revenue per load in both Intermodal (JBI) and Truckload (JBT), 22 ...

Soft demand and higher expenses combined to cause a quarterly miss.Higher costs and weaker demand led to an earnings miss at J.B. Hunt Transport Services (JBHT -7.91%), and the company doesn't see things improving quickly. Investors are moving to the exit lane, sending J.B. Hunt shares down 9% as of 11:30 ET.A weak market for transportJ.B. Hunt is a trucking and logistics company focused on hauling intermodal containers (the rectangular boxes designed to transition seamlessly from ship to rail to truck). Th ...

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) ...