J.B. Hunt Transport Services (NASDAQ: JBHT) reported third-quarter earnings per share of $1.18, 9 cents below analysts’ expectations. The result was ahead of the 2019 third-quarter result of $1.10, but that period included $0.30 per share in arbitration charges related to the final award to BNSF Railway Company.
Total revenue of $2.47 billion was 5% higher year-over-year and ahead of the consensus estimate calling for revenue of $2.36 billion. The revenue increase was largely driven by a 25%...
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