earnings
confidence high
sentiment negative
materiality 0.75
J.B. Hunt Q3 2024 EPS falls 17% to $1.49; revenue down 3% to $3.07B
HUNT J B TRANSPORT SERVICES INC
2024-Q3 EPS reported
$4.03
revenue$8,940,856,000
- Q3 2024 net earnings $152.1M vs $187.4M; diluted EPS $1.49 vs $1.80 (down 17%).
- Total operating revenue $3.07B, down 3% YoY; Intermodal volume up 5% but revenue per load down 5%.
- Intermodal (JBI) operating income down 13% to $111.8M; DCS op income down 7% to $95.5M.
- ICS operating loss improved to -$3.3M from -$9.4M; FMS op income down 7%; JBT op income up 6%.
- Repurchased 1.2M shares for ~$200M; net capex $488M YTD vs $1.32B; debt $1.53B.