J.B. Hunt Transport Services, Inc. (JBHT)
Here's Why You Should Give J.B. Hunt (JBHT) Stock a Miss Now
J.B. Hunt's (JBHT) stock continues to grapple with higher interest expenses, lower segmental revenues and high debt.
J.B. Hunt (JBHT) Announces New $1B Share Repurchase Program
J.B. Hunt's (JBHT) new $1 billion share buyback program reflects the company's shareholder-friendly approach. The program has no expiration date.
BofA reiterates Buy on J.B. Hunt with $189 price target: Should you invest?
On August 20, Bank of America (BofA) reaffirmed its Buy rating for J.B. Hunt Transport Services Inc. (NASDAQ: JBHT) and set a price target of $189.
Bear Of The Day: J. B. Hunt Transport Services (JBHT)
This stock has the unenviable streak of missing the Zacks Consensus Estimate in each of the last 7 quarters.
J. B. Hunt (JBHT) Hurt by Segmental Weakness and High Debt
Lower revenues across the majority of its business segments, higher net interest expense, and a highly leveraged balance sheet weigh on J. B. Hunt's (JBHT) results.
J.B. Hunt Transport Has Some Pain Ahead Of The Upcycle
J.B. Hunt Transport Services, Inc. faces challenges with lower freight volumes and pricing environment in Q2 '24, leading to dependence on volumes for growth with the risk of tighter margins. Despite mixed macroeconomic data, inventory replenishment may lead to higher shipping volumes at lower prices, impacting margins and top-line growth. The pricing cycle for e2h24-e1h25 has been set with disappointing rates. This may lead to a lackluster eFY24 and position J.B. Hunt for a strong eFY25 pricing cycle.
Transportation Stock Slides After Q2 Disappoints
J.B. Hunt Transport Services Inc (NASDAQ:JBHT) stock is slipping today following the ground freight and logistics company's disappointing second-quarter results, with profits falling 24% due to industry headwinds.
J.B. Hunt Earnings Point to Weak Manufacturing Economy
The logistics titan reported operating income of $390 million, the seventh straight year-over-year decline in operating profit.
J.B. Hunt (JBHT) Stock Down Almost 3% on Q2 Earnings Miss
J.B. Hunt's (JBHT) second-quarter 2024 revenues are hurt by weakness across the majority of its segments.
J.B. Hunt Transport Services, Inc. (JBHT) Q2 2024 Earnings Call Transcript
J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT ) Q2 2024 Earnings Call Transcript July 16, 2024 5:00 PM ET Company Participants Brad Delco - SVP of Finance Shelley Simpson - President and CEO John Kuhlow - CFO Spencer Frazier - EVP of Sales and Marketing Nick Hobbs - COO and President, Contract Services Darren Field - President, Intermodal Brad Hicks - President, Highway Services and EVP of People Conference Call Participants Jon Chappell - Evercore ISI Jordan Alliger - Goldman Sachs Chris Wetherbee - Wells Fargo Scott Group - Wolfe Research Daniel Imbro - Stephens Ken Hoexter - Bank of America Ravi Shanker - Morgan Stanley Jason Seidel - TD Cowen Tom Wadewitz - UBS Bascome Majors - Susquehanna Brandon Oglenski - Barclays Jeff Kauffman - Vertical Research Partners David Vernon - Bernstein Operator Ladies and gentlemen, good afternoon and thank you for standing by. My name is Abby and I will be your conference operator today.
JB Hunt (JBHT) Reports Q2 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for JB Hunt (JBHT) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
JB Hunt (JBHT) Q2 Earnings and Revenues Miss Estimates
JB Hunt (JBHT) came out with quarterly earnings of $1.32 per share, missing the Zacks Consensus Estimate of $1.51 per share. This compares to earnings of $1.81 per share a year ago.
