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J.B. Hunt (JBHT) Misses on Q2 Earnings

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J.B. Hunt Transport Services Inc.(JBHT - Free Report) , headquartered in Lowell, Arkansas, is a leading provider of surface transportation and delivery services in the continental United States, Canada, and Mexico. J.B. Hunt joined the coveted S&P 500 index last year.

The Intermodal, ICS and DCS segments should drive growth at the company going forward. J.B. Hunt is also set to benefit from the resurgence in trade given its attractive asset-light (or even non-asset) models that produce the most attractive returns on invested capital in the industry.

The company has delivered positive earnings surprises in three of the last four quarters, with an average beat of 1.36%.

Zacks Rank: Currently, J.B. Hunt has a Zacks Rank #4 (Sell), but it could change following the earnings report.

Earnings:J.B. Hunt‘s second quarter 2016 earnings of 92 cents per share missed the Zacks Consensus Estimate of 96 cents. Earnings were up 4.5% on a year-over-year basis.

Revenue: Total operating revenues increased 5% year over year and were in-line with the Zacks Consensus Estimate of $1.62 billion.

HUNT (JB) TRANS Price and EPS Surprise

HUNT (JB) TRANS Price and EPS Surprise | HUNT (JB) TRANS Quote

Key Stats : The company now expects the Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS) and Truck (JBT) segments to contribute 58%, 23%, 13% and 6% respectively to total revenues in 2016. Check back later for our full write up on this J.B. Hunt earnings report later

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