J.B. Hunt Transport Services Inc. (JBHT Quick QuoteJBHT - 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 miss of 2.14%.

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 first quarter 2017 earnings of 92 cents per share beat the Zacks Consensus Estimate of 87 cents You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

J.B. Hunt Transport Services, Inc. Price and EPS Surprise

 

J.B. Hunt Transport Services, Inc. Price and EPS Surprise | J.B. Hunt Transport Services, Inc. Quote

Revenue: Total operating revenues increased 6.5% year over year to $1,629 million, narrowly missing the Zacks Consensus Estimate of$1,631.4 million.

Key Stats : During the quarter, the company repurchased approximately 1.33 million shares for $130 million. Operating income in the first quarter decreased 11.3% to $149 million. Lower customer rates hurt results. Truck (JBT) revenues decreased 2% primarily due to lower revenue per load.

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

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