earnings
confidence high
sentiment negative
materiality 0.80
J.B. Hunt Q4 2023 EPS $1.47 (-23% YoY); revenue $3.30B (-9%)
HUNT J B TRANSPORT SERVICES INC
2023-FY EPS reported
$6.97
revenue$12,829,665,000
- Operating income $203.3M (-28% YoY); segment declines across Intermodal, ICS, JBT.
- Intermodal volume up 6% but revenue per load down 10% (ex-fuel); operating income -28%.
- Dedicated Contract Services revenue -3% but operating income +8% on productivity gains.
- ICS segment operating loss widened to $24.9M vs $3.2M loss; gross profit margins down to 14.0%.
- Net capital expenditures $1.60B in 2023; repurchased ~137K shares for $25M in Q4.