- Earnings Per Share (EPS): JB Hunt reported EPS of $1.17, beating estimates of $1.15, although down from $1.22 year-over-year (y/y).
- Effective Tax Rate: The effective tax rate decreased to 26.5% from 28.7% y/y, slightly higher than the estimated 25.7%.
- Total Revenue: Total revenue was $2.92 billion, a slight decrease of 0.8% y/y, but just over the estimated $2.91 billion.
- Intermodal Revenue: Strong growth was noted with a 5.3% increase y/y to $1.47 billion, surpassing estimates of $1.41 billion.
- Dedicated Contract Services: Revenue fell by 4.4% y/y to $822.3 million, slightly missing the estimated $835.9 million.
- Integrated Capacity Solutions: Revenue decreased by 6% y/y to $268.0 million, below the estimated $280.5 million.
- Truck Revenue: Revenue declined by 6.6% y/y to $166.6 million, below the forecasted $169.2 million.
- Final Mile Services: Experienced a 12% drop in revenue y/y to $200.7 million, significantly underperforming against the $220 million estimate.
- Intermodal Loads: Increased by 7.6% y/y to 521,821 loads, higher than the estimated 506,829.
- Intermodal Revenue per Load: Decreased by 2.1% y/y to $2,816, yet still slightly above the estimated $2,793.
- Dedicated Contract Services Loads: Declined by 6.1% y/y to 942,894, below the estimated 964,410.
- Revenue per Truck per Week (Dedicated Contract Services): Rose by 2.1% y/y to $5,127, exceeding the estimated $5,030.
- Average Trucks: Counted at 12,624, down 5.1% y/y, and slightly fewer than the forecasted 12,830.
- Integrated Capacity Solutions Loads: Down by 13% y/y to 137,744, under the estimate of 146,353.
- Revenue per Load (Integrated Capacity Solutions): Increased by 7.9% y/y to $1,946, surpassing estimates of $1,913.
- Truckload Loads: Increased by 1.6% y/y to 95,143, slightly above the expected 94,532.
- Rents and Purchased Transportation Expenses: Amounted to $1.29 billion, an increase of 1% y/y, and below the $1.31 billion estimate.
- Share Performance: Shares rose by 2.1% in post-market trading to $138.00 with 2,164 shares traded.
Hunt (Jb) Transprt Svcs on Smartkarma
According to the latest analyst coverage on Smartkarma by Baptista Research, J.B. Hunt Transport Services has been navigating a mixed landscape in terms of financial performance. In a report titled “J. B. Hunt: Will Its Shift to Asset-Light Operations & Focus On Diversified Revenue Streams Pay Off?,” the company reported a 5% year-over-year revenue decline in the fourth quarter of 2024. Despite this, there was a slight 2% increase in operating income and a 4% rise in diluted earnings per share. However, the year was marked by significant one-time charges, including $16 million in intangible asset impairments related to the BNSF Logistics acquisition, leading to a 16% annual decline in operating income and a 20% decrease in EPS.
In another report by Baptista Research titled “J.B. Hunt Transport Services: Will The Management’s Strategic Emphasis on Pricing and Cost Efficiency Pay Off? – Major Drivers,” the focus was on the third-quarter results for the fiscal year 2024. The company experienced a 3% decline in revenue year over year, with operating income down by 7% and diluted earnings per share decreasing by 17%. These numbers highlight the challenges in the freight industry, worsened by a deflationary rate environment that continues to strain the company’s margin performance. Analysts are closely monitoring the strategic decisions made by J.B. Hunt’s management to see if their emphasis on pricing and cost efficiency will yield positive results in the future.
A look at Hunt (Jb) Transprt Svcs Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Hunt (Jb) Transport Services is positioned for a stable long-term outlook. With balanced scores across key factors such as Value, Growth, Resilience, and Momentum, the company demonstrates a well-rounded performance. While the Value and Dividend scores indicate moderate prospects, the Growth, Resilience, and Momentum scores suggest a positive trajectory for the company moving forward. Overall, Hunt (Jb) Transport Services appears to be on a solid footing for sustained growth and stability in the transportation and logistics sector.
J.B. Hunt Transport Services, Inc. and its subsidiaries operate in the transportation and logistics industry across North America. The company’s diverse range of transported products illustrates its broad market presence, including automotive parts, department store merchandise, paper and wood products, food and beverages, plastics, chemicals, and manufacturing materials. With a strategic focus on providing comprehensive transportation solutions, Hunt (Jb) Transport Services stands as a prominent player in delivering crucial goods and services efficiently throughout the region, positioning itself for continued success in the industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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