secwatch.observer — SEC 8-K summary
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Issuer:     HUNT J B TRANSPORT SERVICES INC (JBHT)
CIK:        0000728535
Form:       8-K
Filed at:   2024-04-16T23:59:59+00:00
Accession:  0001437749-24-012186
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/728535/000143774924012186/0001437749-24-012186-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/728535/000143774924012186/jbht20240415_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-012186

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer