---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-010454"
form_type: "8-K"
ticker: "JBHT"
cik: "0000728535"
company_name: "HUNT J B TRANSPORT SERVICES INC"
filed_at: "2023-04-17T23:59:59+00:00"
generated_at: "2026-06-17T01:39:20.343010+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# J.B. Hunt Q1 2023 EPS $1.89, revenue down 7% to $3.23B; operating income -17%

## Summary
- Net earnings $197.8M, diluted EPS $1.89 vs. $2.29 Q1 2022; total revenue $3.23B, down 7%.
- Operating income $277.5M, down 17%; ICS revenue -42%, Intermodal volume -5% YoY.
- DCS revenue +13% and operating income +29% driven by 7% more trucks and productivity gains.
- Net capital expenditures $380M vs. $289M; repurchased 183K shares for $31M in Q1.
- FY2023 effective tax rate expected between 24.0% and 25.0%.

## SEC filing metadata
- accession: 0001437749-23-010454
- form_type: 8-K
- ticker: JBHT
- cik: 0000728535
- company_name: HUNT J B TRANSPORT SERVICES INC
- filed_at: 2023-04-17T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/728535/000143774923010454/0001437749-23-010454-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/728535/000143774923010454/jbht20230413_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-010454
- JSON: https://secwatch.observer/filing/0001437749-23-010454.json
- Plain text: https://secwatch.observer/filing/0001437749-23-010454.txt

## Key facts
- Earnings Releases
  HUNT J B TRANSPORT SERVICES INC reported financial results for the first quarter ended March 31, 2023.
  - Period: the first quarter ended March 31, 2023
  - Result: reported results
  source text: On April 17, 2023 we issued a news release announcing our revenues and earnings for the first quarter ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/728535/000143774923010454/0001437749-23-010454-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.