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JB Hunt: Q2 Earnings Snapshot

By AP News - Jul 16, 2024, 04:27 PM ET
Last Updated - Jul 16, 2024, 04:27 PM EDT
JB Hunt: Q2 Earnings Snapshot

LOWELL, Ark. (AP) — LOWELL, Ark. (AP) — JB Hunt Transport Services Inc. (JBHT) on Tuesday reported second-quarter net income of $135.9 million.

The Lowell, Arkansas-based company said it had profit of $1.32 per share.

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The results missed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.51 per share.

The trucking and logistics company posted revenue of $2.93 billion in the period, which also missed Street forecasts. Five analysts surveyed by Zacks expected $3.04 billion.

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