J.B. Hunt Transport Services, Inc. reports results for the quarter ended September 30 - Earnings Summary

• J.B. Hunt Transport Services, Inc. reported quarterly adjusted earnings of $1.82​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $1.76. The mean expectation of twenty three analysts for the quarter was for earnings of $1.89 per share. Wall Street expected results to range from $1.75 to $2.22 per share.

• Revenue rose 20.4% to $3.68 billion from a year ago; analysts expected $3.57 billion.

• J.B. Hunt Transport Services, Inc.'s reported EPS for the quarter was $1.82​.

• The company reported quarterly net income of $172.42 million.

• J.B. Hunt Transport Services, Inc. shares had risen by 3.6% this quarter and gained 19.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 11.9% in the last three months.​

• In the last 30 days, seventeen analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy," 9 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the ground freight & logistics peer group is also "buy"

• Wall Street's median 12-month price target for J.B. Hunt Transport Services, Inc. is $290.00, about 19.9% above its last closing price of $232.16

This summary was machine generated from LSEG data October 15 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)