earnings
confidence high
sentiment negative
materiality 0.75
J.B. Hunt Q3 2023 EPS $1.80 vs $2.57 YoY; revenue down 18% to $3.16B
HUNT J B TRANSPORT SERVICES INC
2023-Q3 EPS reported
$5.50
revenue$9,525,965,000
- Revenue $3.16B (-18% YoY); operating income $241.7M (-33%); net earnings $187.4M (-30%).
- EPS $1.80 diluted vs $2.57 in Q3 2022, down 30%.
- Intermodal volume +1% but revenue -15%; ICS revenue -48% with $9.4M operating loss.
- Dedicated Contract Services revenue -4% to $892M; Final Mile operating income +33% to $13M.
- Acquisition of BNSF Logistics brokerage closed Sept 30; results in ICS from Q4.