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.
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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Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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.
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
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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