J.B. Hunt Transport Gears Up For Q2 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Core Viewpoint - J.B. Hunt Transport Services, Inc. is expected to report stable earnings and revenue for the second quarter, maintaining figures from the previous year [1] Financial Performance - For the second quarter, analysts anticipate earnings of $1.32 per share, unchanged from the same period last year [1] - Projected quarterly revenue is $2.93 billion, consistent with the previous year's revenue [1] - In the first quarter, J.B. Hunt reported a 7.6% decline in profit [2] Stock Performance - Following the first quarter results, J.B. Hunt Transport shares fell by 2.2%, closing at $149.56 [2] Analyst Ratings - Truist Securities maintained a Hold rating and raised the price target from $130 to $140 [4] - Susquehanna maintained a Neutral rating and increased the price target from $140 to $155 [4] - Goldman Sachs downgraded the stock from Buy to Neutral with a price target of $164 [4] - JP Morgan maintained an Overweight rating but cut the price target from $167 to $150 [4] - UBS maintained a Buy rating and reduced the price target from $196 to $155 [4]