Overview
* J.B. Hunt Q3 revenue flat at $3.05 bln, beating analyst expectations
* EPS for Q3 rises 18% to $1.76, surpassing analyst estimates
* Operating income for Q3 up 8%, driven by cost management and productivity gains
Outlook
* The company did not provide specific future revenue or EPS guidance in the press release.
Result Drivers
* COST MANAGEMENT - Operating income increased 8% due to structural cost removal and improved productivity
* INTERMODAL EFFICIENCY - Improved network balance and efficiency in Intermodal led to a 12% increase in operating income
* DCS PRODUCTIVITY - Dedicated Contract Services saw a 3% productivity improvement, contributing to revenue growth
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 Beat $3.05 $3.02
Revenue bln bln (18
Analysts
)
Q3 EPS Beat $1.76 $1.46
(22
Analysts
)
Q3 Net Beat $170.80 $142.39
Income mln mln (15
Analysts
)
Q3 Beat $242.70 $211.38
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 14 "strong buy" or "buy", 12 "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 $158.50, about 12.1% above its October 14 closing price of $139.37
* The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 23 three months ago
Press Release:
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(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.)