earnings
confidence high
sentiment negative
materiality 0.80
JBHT Q2 EPS $1.81 vs $2.42; revenue $3.13B (-18% YoY); operating income -23%
HUNT J B TRANSPORT SERVICES INC
2023-Q2 EPS reported
$3.70
revenue$6,362,212,000
- Revenue $3.13B, down 18% YoY; EPS $1.81 (vs $2.42); operating income $270.7M (-23%).
- Intermodal revenue -19% to $1.49B, volume -7%; ICS revenue -43% to $344M, operating loss $4.4M.
- Dedicated revenue -2% to $888M but operating income +21% to $113.6M; Final Mile revenue -19% to $224M, op income +12%.
- Truckload revenue -16% to $192M, operating income -81% to $3.8M on lower rates and higher costs.
- Net capex H1 $854M (vs $598M), share buyback $53M (315K shares), debt $1.4B; tax rate guide 24-25%.