JB Hunt Transport Services Inc. Q2 Profit Climbs

JB Hunt Transport Services Inc. (JBHT) announced earnings for its second quarter that climbed from the same period last year.

The company’s earnings totaled $151.65 billion, or $1.37 per share. This compares with $97.87 billion, or $0.88 per share, in last year’s second quarter.

Analysts had expected the company to earn $1.28 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 23.7% to $2.14 billion from $1.73 billion last year.

JB Hunt Transport Services Inc. earnings at a glance:

-Earnings (Q2): $151.65 Bln. vs. $97.87 Bln. last year.
-EPS (Q2): $1.37 vs. $0.88 last year.
-Analysts Estimate: $1.28
-Revenue (Q2): $2.14 Bln vs. $1.73 Bln last year.

by RTTNews Staff Writer

Source: Read Full Article