---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-012186"
form_type: "8-K"
ticker: "JBHT"
cik: "0000728535"
company_name: "HUNT J B TRANSPORT SERVICES INC"
filed_at: "2024-04-16T23:59:59+00:00"
generated_at: "2026-06-03T22:30:03.526303+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# JBHT Q1 2024 EPS $1.22 down 35%; revenue $2.94B down 9%

## Summary
- Operating income $194.4M (down 30% YoY) from $277.5M; margins compressed by wage, equipment & insurance costs.
- Intermodal revenue per load fell 9%, operating income down 40% to $101.9M on weaker eastern network demand.
- ICS operating loss widened to $17.5M (vs. $5.4M) on 22% lower volume and $11M gross profit decline.
- FMS revenue up 2% to $229M; operating income up 128% to $15.1M, helped by $3.1M prior claim settlement.
- Net capex $166M vs. $380M in Q1 2023; bought 126K shares for $25M, $366M remaining on authorization.

## SEC filing metadata
- accession: 0001437749-24-012186
- form_type: 8-K
- ticker: JBHT
- cik: 0000728535
- company_name: HUNT J B TRANSPORT SERVICES INC
- filed_at: 2024-04-16T23:59:59+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/728535/000143774924012186/0001437749-24-012186-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/728535/000143774924012186/jbht20240415_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-012186
- JSON: https://secwatch.observer/filing/0001437749-24-012186.json
- Plain text: https://secwatch.observer/filing/0001437749-24-012186.txt

## Key facts
- Earnings Releases
  HUNT J B TRANSPORT SERVICES INC reported first quarter ended March 31, 2024 results: revenue $2.94 billion, net income $127.5 million, EPS $1.22.
  - Period: first quarter ended March 31, 2024
  - Revenue: $2.94 billion
  - Net income: $127.5 million
  - EPS: $1.22
  - Result: reported results
  source text: FOR IMMEDIATE RELEASE J.B. HUNT TRANSPORT SERVICES, INC. REPORTS U.S. GAAP REVENUES, NET EARNINGS AND EARNINGS PER SHARE FOR THE FIRST QUARTER 2024 ■ First Quarter 2024 Revenue: $2.94 billion; down 9% ■ First Quarter 2024 Operating Income: $194.4 million; down 30% ■ First Quarter 2024 EPS: $1.22 vs. $1.89; down 35% LOWELL, Ark., April 16, 2024 - J.B. Hunt Transport
  evidence_url: https://www.sec.gov/Archives/edgar/data/728535/000143774924012186/0001437749-24-012186-index.htm

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