J B Hunt Transport Services Inc (JBHT) Releases Earnings Results, Misses Expectations By $-0.05 EPS

J B Hunt Transport Services Inc (JBHT) reported quarterly earnings results on Monday, Jul-18-2016. The company reported $0.92 earnings per share for the quarter, missing the analyst consensus estimate by $-0.05. Analysts had a consensus of $0.97. The company posted revenue of $1620.00 million in the period, compared to analysts expectations of $1617.51 million. The company’s revenue was up 5.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.88 EPS.

J B Hunt Transport Services Inc closed down -0.04 points or -0.05% at $85.27 with 11,46,070 shares getting traded on Friday. Post opening the session at $85.64, the shares hit an intraday low of $84.48 and an intraday high of $85.65 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

In a different news, on Jun 8, 2016, John N Roberts (President and CEO) sold 60,000 shares at $82.49 per share price. According to the SEC, on Jun 3, 2016, James K Thompson (Chairman of the Board) sold 5,000 shares at $82.14 per share price. On Mar 18, 2016, Nicholas Hobbs (EVP, President DCS) sold 3,640 shares at $82.43 per share price, according to the Form-4 filing with the securities and exchange commission.

J.B. Hunt Transport Services Inc. is a holding company that together with its wholly owned subsidiaries is engaged in providing surface transportation delivery and logistics services. The Company operates in four segments: Intermodal (JBI) Dedicated Contract Services (DCS) Integrated Capacity Solutions (ICS) and Truck (JBT). The JBI segment includes freight that is transported by rail and certain repositioning truck freight moved by JBI equipment or third-party carriers. DCS segment includes company-owned and customer-owned DCS-operated revenue equipment and employee drivers assigned to a specific customer traffic lane or service. ICS provides non-asset and asset-light transportation solutions. ICS services include flatbed refrigerated and less-than-truckload (LTL) as well as a variety of dry-van and intermodal solutions. JBT business includes full-load dry-van freight that is typically transported utilizing company-owned or company-controlled revenue equipment.

J B Hunt Transport Services Inc

Leave a Reply

J B Hunt Transport Services Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on J B Hunt Transport Services Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.