JB Hunt: Fourth Quarter Earnings Overview
JB Hunt Transport Services Announces Fourth-Quarter Earnings
JB Hunt Transport Services Inc., headquartered in Lowell, Arkansas, revealed on Thursday that it achieved a net income of $181.1 million for the fourth quarter.
The company reported earnings of $1.90 per share for the period.
This performance surpassed the expectations of Wall Street analysts, who, according to a Zacks Investment Research survey of eight experts, had anticipated earnings of $1.81 per share.
Despite the earnings beat, JB Hunt’s revenue for the quarter reached $3.1 billion, falling slightly short of the $3.13 billion projected by seven analysts polled by Zacks.
Looking at the full year, JB Hunt posted a total profit of $598.3 million, translating to $6.12 per share, with annual revenue totaling $12 billion.
This article was produced by Automated Insights using financial data provided by Zacks Investment Research.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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