J.B. Hunt Transport Services beat third-quarter expectations Tuesday after the market closed, reporting earnings per share of $1.49, 8 cents ahead of the consensus estimate but 31 cents lower year over year.
The multimodal transportation provider’s intermodal segment reported no y/y change in revenue as a 5% increase in loads was offset by an equal decline in revenue per load. The volume increase was approximately half the increase in total intermodal traffic reported by the U.S. Class I...
https://www.freightwaves.com/news/j-b-hunt-q3-first-look-stock-jumps-on-earnings-beat