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Here's Why Investors Should Avoid J.B. Hunt (JBHT) Stock Now
J.B. Hunt Transport ServicesJ.B. Hunt Transport Services(US:JBHT) Zacks Investment Research·2024-04-10 17:26

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 ...