J.B. Hunt Transport Services, Inc. ($JBHT) Q3 Profit Falls 17 Percent, Revenues Down 3 Percent

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Subsequent to the close of the regular trading hours, J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) disclosed its earnings report, giving investors an overview of the company's performance during the third quarter.

By the end of the quarter, the enterprise's bottomline stood at income of $1.49 per share, dropped 17.22 relative to the identical quarter of year ago.

Simultaneously, the revenues for the quarter hitting $3.07 billion, down 3.03 percent when looking at the corresponding quarter of previous year.

The achieved results exceeded the analysts expected $1.41 profit per share considering the revenue of $3.02 billion.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Q3 2024 $1.49 -17.2% 3.07 B -3.0%
Historical Earnings Insight
Q2 2024 $1.32 -27.1% 2.93 B -6.5%
Q1 2024 $1.22 -35.4% 2.94 B -8.9%
Q4 2023 $1.47 -23.4% 3.30 B -9.5%
Q3 2023 $1.80 -30.0% 3.16 B -17.6%
Q2 2023 $1.81 -25.2% 3.13 B -18.4%
*Growth on year-over-year basis

 

During the trading day, JB Hunt Transport Servs (JBHT) shares reached a low of $174.37 and a high of $178.85, along with a total volume of 1.66 million shares. The stock ended the regular trading session at $174.65, demonstrating decline of 0.46 percent.