Bear Of The Day: J. B. Hunt Transport Services (JBHT)

Core Viewpoint - J.B. Hunt Transport Services (JBHT) is currently rated as a Zacks Rank 5 (Strong Sell) due to declining earnings estimates following an earnings miss in July [1]. Company Overview - J.B. Hunt Transport Services, Inc. provides logistics solutions and operates through several segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), Final Mile Services (FMS), and Truckload (JBT) [2]. - The JBI segment focuses on intermodal freight operations for rail carriers, while DCS includes private fleet conversion and final-mile delivery services [2]. - ICS offers single-source logistics management for clients outsourcing transportation activities, and FMS provides final-mile delivery services through a nationwide network [2]. - JBT is responsible for full-load, dry-van freight transported via roads and highways [2]. - The company was founded in 1961 and is headquartered in Lowell, AR [2]. Earnings History - J.B. Hunt has experienced seven consecutive misses of the Zacks Consensus Estimate, with the most recent quarter reporting earnings of $1.32 against a consensus of $15.54 [4]. - Consistent earnings misses indicate a lack of effective communication of expectations from management to the market [3]. Earnings Estimates - Recent earnings estimates for JBHT have been revised downward, with the current fiscal year consensus dropping from $6.53 to $5.73 over the last 60 days [5]. - The next year's estimates have also decreased from $8.35 to $7.59 in the same timeframe [5]. - The negative trend in earnings estimates is a significant factor contributing to the stock's Zacks Rank of 5 (Strong Sell) [5]. Market Context - Many stocks within the Zacks universe are experiencing negative earnings estimate revisions, leading to a broader trend of stocks falling to a Zacks Rank 5 (Strong Sell) [6].