J.B. Hunt Transport Services Inc. (NASDAQ:JBHT) posted its second-quarter results after Wednesday’s closing bell, beating analyst estimates on the top and bottom lines.
Here’s a look at the details inside the report.
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J.B. Hunt Q2 Details
JB Hunt Transport reported quarterly earnings of $1.91 per share, which beat the analyst estimate of $1.71 by 11.7%, according to Benzinga Pro data.
Quarterly revenue came in at $3.5 billion, which beat the Street estimate of $3.24 billion and was up from $2.93 billion in the same period last year.
“I’m grateful for our people and their continued focus on delivering operational excellence around service, safety and cost discipline in this dynamic environment,” said CEO Shelley Simpson.
“Our second quarter results reflect the strength of executing our strategy, as we leveraged our investments in our people, technology, and capacity to drive growth and improve profitability,” Simpson added.
JBHT Stock Price Activity: According to data from Benzinga Pro, J.B. Hunt stock was up 6.65% to $294.65 in Wednesday’s extended trading.
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