J.B. Hunt beats Q2 estimates

Q2 comes in ahead of forecasts

J.B. Hunt Transport Services (NASDAQ: JBHT) reported second-quarter earnings per share of $1.61 Monday after the market close. The result was modestly better than analysts’ forecasts for $1.55 and well ahead of the year-ago result of $1.14.

All of J.B. Hunt’s divisions saw “at least double-digit revenue growth” in the period when compared to easy year-ago comps, which included COVID-related lockdowns.

Intermodal revenue was up 21% year-over-year as volumes were 6% higher and revenue per load was...

https://www.freightwaves.com/news/j-b-hunt-beats-q2-estimates

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