Overview

* J.B. Hunt Q2 revenue at $2.93 bln, beating analyst expectations, per LSEG data

* Q2 EPS flat at $1.31, missing analyst expectations, per LSEG data

* Operating income down 4% to $197.3 mln, driven by higher expenses

* Co repurchased 2.4 mln shares for $319 mln in Q2

Outlook

* Company expects 2025 annual tax rate between 24.0% and 25.0%

Result Drivers

* INTERMODAL VOLUME - 6% increase in Intermodal loads driven by strong demand in Eastern network, despite market volatility, per company statement

* TRUCKLOAD GROWTH - 13% increase in Truckload (JBT) loads contributed to a 5% revenue rise, despite a 4% decline in revenue per load

* COST PRESSURES - Operating income decreased 4% due to higher casualty and group medical claims expenses, and increased driver wages and equipment costs

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $2.93 $2.92

Revenue bln bln (18

Analysts

)

Q2 EPS Miss $1.31 $1.32

(22

Analysts

)

Q2 Net Miss $128.60 $132 mln

Income mln (15

Analysts

)

Q2 Beat $197.30 $195.80

Operatin mln mln (17

g Income Analysts

)

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy", 11 "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the ground freight & logistics peer group is "buy"

* Wall Street's median 12-month price target for J B Hunt Transport Services Inc ( JBHT ) is $155.00, about 1.8% above its July 14 closing price of $152.20

* The stock recently traded at 24 times the next 12-month earnings vs. a P/E of 22 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)