JBHT Search Earning

J B Hunt Transport Services Inc

JBHT

J B Hunt Transport Services Inc declined 3.6% to $188.80 after the logistics and transportation services provider reported quarterly earnings that fell short of market expectations.

Revenue in the third quarter declined 18% to $3.16 billion from $3.83 billion and net income fell to $187.4 million from $269.4 million and diluted earnings per share dropped to $1.80 from $2.57 a year ago.

Current quarter total operating revenue, excluding fuel surcharge revenue, decreased 15% from the comparable quarter 2022.

This decrease was primarily driven by a 14% and 22% decrease in Intermodal and truckload revenue per load (excluding fuel surcharge revenue) respectively, a 38% decrease in volume in Integrated Capacity Solutions, a 20% decrease in final mile services, and a 1% decline in average revenue producing trucks in dedicated contract services, partially offset by a 1% increase in intermodal volumes and a 6% increase in truckload loads compared to a year ago.
Oct 18, 2023

J.B. Hunt Transportation Services increased 2.9% to $193..33 after the trucking services provider reported better-than-expected quarterly results.

Revenue in the second quarter declined 18% to $3.13 billion from $3.83 billion and net earnings dropped to $189.5 million from $1255.4 million and diluted earnings per share fell to $1.81 from $2.42 a year ago.

The decline in revenue was primarily driven by a decrease in revenue per load of 24% in Integrated Capacity Solutions, 13% in Intermodal, and 21% in Truckload, and a 4% decline in productivity in Dedicated Capacity Solutions, as a result of changes in customer rate, freight mix and lower fuel surcharge revenue.

Volume declines of 7% in JBI, 26% in ICS, 4% in DCS, and stop count decline of 24% in Final Mile Services also contributed to the year-over-year decline in revenue, partially offset by a 6% increase in JBT volume.

In the second quarter, the company repurchased 315,000 shares for $53 million and at the end of June $463 million were available for stock repurchase.

Total outstanding shares at the end of the second quarter were 103.3 million.
Jul 19, 2023

Year	Mar	Jun	Sep	Dec	Annual

2023	1.89	1.81	1.80	-	-
2022	2.29	2.42	2.57	1.93	9.21
2021	1.37	1.61	1.88	2.28	7.14
2020	0.98	1.14	1.18	1.44	4.74
2019	1.09	1.23	1.1	1.35	4.77
2018	1.07	1.37	1.19	0.8	4.43
2017	0.92	0.88	0.91	1.04	3.75
2016	0.88	0.92	0.97	0.97	3.74
2015	0.78	0.88	0.99	1.01	3.66
2014	0.58	0.79	0.87	0.92	3.16
2013	0.61	0.73	0.75	0.78	2.87
2012	0.57	0.67	0.65	0.70	2.59
2011	0.40	0.53	0.57	0.61	2.11
2010	0.29	0.40	0.41	0.46	1.56
2009	0.24	0.19	0.31	0.31	1.05
2008	0.28	0.39	0.47	0.42	1.56
2007	0.30	0.45	0.38	0.42	1.55
2006	0.31	0.36	0.39	0.38	1.44
2005	0.29	0.33	0.25	0.41	1.28