J.B. Hunt Transport stock was down after the company reported fourth-quarter results that showed an expected improvement in shipping hasn’t arrived yet. Thursday evening, Hunt announced earnings per share of $1.
J.B. Hunt stock is notably lower Friday after the logistics company fell short of fourth-quarter earnings expectations. Here's what you need to know.
J.B. Hunt Transport Services defied a weak U.S. freight market to post a higher profit in the fourth quarter, although overall revenue fell as lower revenue per load more than offset volume gains.
U.S. trucking firm J.B. Hunt Transport Services missed Wall Street estimates for fourth-quarter profit on Thursday, as high expenses and a lower truck count weighed on revenue.
Shares of J.B. Hunt (NASDAQ:JBHT) were losing traction and dragging down the trucking sector in sympathy after the company’s Q1 guidance spooked investors, even as the company attributed the soft outlook to seasonal factors within the tucking industry.
Shares of J.B. Hunt Transport Services dropped after the company reported lower revenue in the fourth quarter. The stock was down 9.2% to $169 in postmarket trading. Through Thursday's close ...
BofA analyst Ken Hoexter lowered the firm’s price target on J.B. Hunt (JBHT) to $189 from $206 ... but above the firm’s target and the Street’s consensus estimate. Following the report ...
Stifel raised the firm’s price target on J.B. Hunt (JBHT) to $174 from $161 and ... citing a disconnect between “optimistic” Street estimates and expectations of inventory pull-forward ...
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ARKANSAS, USA — J.B. Hunt Transport Services Inc. of Lowell on Thursday reported that fourth-quarter profits rose slightly on falling revenue, concluding a challenging year for the trucking and logistics company. Net income was $155.5 million, up 1.3 % from $153.5 million a year ago. Earnings per share was $1.53, up from $1.47.
Normally the addition of a 3.5-mile stretch of second main line isn’t a cause for celebration. But when those 3.5 miles happen to be the final section of regular double track added to BNSF Railway’s 2,