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Tale of the Tape

Zacks Equity Research

J.B. Hunt (JBHT) Misses on Q3 Earnings
October 17, 2016


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J.B. Hunt Transport Services Inc. (JBHT - Analyst 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.

J.B. Hunt has a healthy track record with respect to earnings. The company has delivered positive earnings surprises in three of the last four quarters, with an average beat of 0.87%.

Zacks Rank: Currently, J.B. Hunt has a Zacks Rank #4(Sell), 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 2016 earnings of 97 cents per share missed the Zacks Consensus Estimate of $1.02. Earnings were down 2.02% on a year-over-year basis.

HUNT (JB) TRANS Price and EPS Surprise


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

Revenue: Total operating revenues increased 6.3% year over year to $1.69 billion and were ahead of the Zacks Consensus Estimate of $1.66 billion.

Key Stats : During the quarter, the company repurchased approximately 922,000 shares for $74.8 million. Operating income in the third quarter declined 5.7% to $183 million. Lower customer rates in the Intermodal (JBI), Full-Load Dry Van (JBT) and Integrated Capacity Solutions (ICS) segments contributed to the decline in operating income in the quarter. The company expects tax rate for 2016 to be 38%.

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

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