earnings
confidence high
sentiment positive
materiality 0.75
JBHT Q3 2022 EPS $2.57 (+37% YoY); revenue $3.84B (+22%) beats estimates
HUNT J B TRANSPORT SERVICES INC
2022-Q3 EPS reported
$7.28
revenue$11,164,377,000
- Revenue $3.84B, up 22% YoY; operating income $362.2M, up 32% YoY.
- Intermodal revenue $1.84B (+30%); DCS revenue $894M (+34%) with 18% more trucks.
- ICS revenue fell 11% to $591M on 8% volume decline; FMS revenue up 21% to $249M.
- Repurchased ~349k shares for $61M in Q3; $551M remaining under authorization.
- Expects 2022 annual tax rate between 23.5% and 24.0%.