J.B. Hunt first look: Q4 beats expectations

J.B. Hunt's Q4 ahead of forecasts

J.B. Hunt Transport Services (NASDAQ: JBHT) reported fourth-quarter earnings per share of $1.44, ahead of the $1.30 consensus estimate and the year-ago result of $1.35.

Revenue increased 12% year-over-year to $2.74 billion, up 18% excluding fuel surcharges. The press release cited more than 50% growth in its brokerage and truck divisions as the reasons for the increase. Both segments were noted as benefiting from capacity available through digital freight platform Marketplace for J.B. Hunt 360.

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