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J.B. Hunt (JBHT) Misses on Q3 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 has an unimpressive track record with respect to earnings. The company has delivered negative earnings surprises in three of the last four quarters, with an average negative surprise of 1.6%.

Zacks Rank: Currently, J.B. Hunt has a Zacks Rank #3 (Hold), but that could definitely change following J.B. Hunt‘s earnings report which was just released. We have highlighted some of the key stats from this just-revealed announcement below:

Earnings: J.B. Hunt’s third quarter 2017 earnings of 91 cents per share missed the Zacks Consensus Estimateof 96 cents. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Revenue: Total operating revenues increased 9% year over year to $1,843.3 million, beating the Zacks Consensus Estimate of$1,826.8 million.

Key Stats: Operating income in the third quarter decreased 9.8% to $165 million.

Check back later for our full write up on this J.B. Hunt earnings report later!

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