J B Hunt Transport Services Inc reports results for the quarter ended June 30 - Earnings Summary

• J B Hunt Transport Services Inc JBHT reported quarterly adjusted earnings of $1.31​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.32. The mean expectation of twenty four analysts for the quarter was for earnings of $1.32 per share. Wall Street expected results to range from $1.25 to $1.42 per share.

• Revenue fell 0% to $2.93 billion from a year ago; analysts expected $2.92 billion.

• J B Hunt Transport Services Inc's reported EPS for the quarter was $1.31​.

• The company reported quarterly net income of $128.62 million.

• J B Hunt Transport Services Inc shares had risen by 6.0% this quarter and lost 10.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 4.2% in the last three months.​

• In the last 30 days, ten analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy," 11 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the ground freight & logistics peer group is also "buy"

• Wall Street's median 12-month price target for J B Hunt Transport Services Inc is $155.00, about 1.8% above its last closing price of $152.20

This summary was machine generated from LSEG data July 15 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)