Earnings Alerts

JB Hunt Transprt Svcs (JBHT) Earnings Fall Short of Estimates in 1Q: Detailed Analysis

  • JB Hunt’s first-quarter Earnings Per Share (EPS) fell short of estimates, reaching only $1.22 compared to the predicted $1.53 and previous year’s $1.89.
  • The operating revenue for the quarter was $2.94 billion, showing a decrease of 8.8% year on year (y/y) and missing the expected $3.11 billion.
  • Intermodal revenue was $1.40 billion, marking a y/y decrease of 9.4% and missing the estimate of $1.49 billion.
  • Revenue from Dedicated Contract Services decreased by 2.2% y/y to $860.0 million, falling short of the expected $880.7 million.
  • JB Hunt’s Integrated Capacity Solutions revenue experienced a considerable 26% y/y dip, totalling $285.3 million, which is below the estimated $337.3 million.
  • Truck revenue was $178.3 million, a decrease of 13% y/y and slightly less than the estimated figure of $187.2 million.
  • On a positive note, Final Mile Services revenue increased by 1.9% y/y to $229.3 million, beating the project $225.2 million estimate.
  • Rents and purchased transportation operating expenses hit $1.28 billion, representing a 13% y/y decrease and falling below the estimated $1.49 billion.
  • According to current ratings, JB Hunt has 14 buys, 9 holds, and 0 sells.

Hunt (Jb) Transprt Svcs on Smartkarma

Analysts on Smartkarma, like Baptista Research, are closely monitoring J.B. Hunt Transport Services, providing insights into the company’s performance. In their report titled “J.B. Hunt Transport Services: Why Has The Adaptation to Market Dynamics Become So Necessary? – Major Drivers,” the analysts note the increased demand for outsourced private fleet solutions by J.B. Hunt. Despite challenges in the freight environment, the company secured approximately 1,150 truck deals, strategizing to enhance revenue quality and eliminate unprofitable freight. By aligning its cost structure with current market demands, J.B. Hunt aims to boost productivity and efficiency as the market rebounds.

Further analysis by Baptista Research, as seen in their report “J.B. Hunt Transport Services: Will Their New Intermodal Service Revolutionize the Industry? – Major Drivers,” reveals a mixed performance by J.B. Hunt. Falling short of Wall Street’s revenue and earnings expectations, the company faced setbacks but showed promise in certain end markets. With a focus on delivering large and bulky items to customers’ homes, J.B. Hunt is navigating challenges and exploring new opportunities within the industry, raising questions about the potential impact of their new intermodal service on the transportation sector.


A look at Hunt (Jb) Transprt Svcs Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience3
Momentum3
OVERALL SMART SCORE2.8

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 Svcs shows a positive long-term outlook. With a strong growth score of 4, the company is positioned well for expansion and development. Additionally, a resilience score of 3 indicates the company’s ability to withstand economic challenges and adapt to market changes. This resilience adds stability to the overall outlook for Hunt (Jb) Transport Svcs.

While the value and dividend scores are moderate at 2, the momentum score of 3 suggests that the company is moving in a positive direction. Overall, these Smart Scores paint a picture of a company with solid growth potential and the ability to navigate through various market conditions, highlighting a promising future for Hunt (Jb) Transport Svcs.

### J.B. Hunt Transport Services, Inc. and its subsidiaries provide transportation and logistics services in the United States, Canada, and Mexico. The Company transports a variety of products including automotive parts, department store merchandise, paper and wood products, food and beverages, plastics, chemicals, and manufacturing materials and supplies. ###


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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