J.B. Hunt Transport Services Misses Earnings and Revenue Estimates for Quarter
April 18, 2023
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They specialize in transportation of full truckload, dry van, flatbed, reefer, brokerage and dedicated contract services. Recently, J.B. ($NASDAQ:JBHT) Hunt reported their first quarter earnings and have missed both their revenue and earnings estimates. The reported GAAP earnings per share for the reported quarter was $1.89, which was $0.11 short of what was expected. This quarter marks the third consecutive miss for J.B. Hunt, as the company struggles to keep up with the current market conditions and competition.
Despite the missed estimates, J.B. Hunt remains committed to expanding their services and providing high quality transportation services to their customers. They plan to focus on technology innovation as well as cost savings initiatives in order to remain competitive in the industry.
Share Price
On Monday, the stock opened at $177.3 and closed at $176.6, down by 0.1% from its last closing price of $176.8. The company attributed the weak performance to lower freight demand due to the coronavirus pandemic and the resulting economic downturn. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for JBHT. More…
| Total Revenues | Net Income | Net Margin |
| 14.81k | 969.35 | 6.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for JBHT. More…
| Operations | Investing | Financing |
| 1.78k | -1.55k | -530.43 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for JBHT. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 7.79k | 4.12k | 35.34 |
Key Ratios Snapshot
Some of the financial key ratios for JBHT are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 17.4% | 22.0% | 9.0% |
| FCF Margin | ROE | ROA |
| 1.6% | 24.6% | 10.7% |
Analysis
GoodWhale recently performed an analysis of J.B. HUNT TRANSPORT SERVICES’s wellbeing. After taking a thorough look at the company’s financials and other business aspects, we concluded that J.B. HUNT TRANSPORT SERVICES is a low risk investment. Although we consider the company to be a low risk investment overall, our analysis did detect 1 risk warning on the balance sheet. For those interested in learning more about this risk warning and other details, we advise becoming a registered user to access all of our findings. More…
Peers
JB Hunt Transport Services Inc is a leading transportation provider in North America. The company operates in four segments: Intermodal (JBHT), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), and Truck (JBT). The company has a fleet of over 16,000 trucks and more than 48,000 trailers. JBHT offers a wide range of transportation services including intermodal, dedicated contract, and truckload. The company has a strong market position in the United States and Canada.
JBHT competes with Hub Group Inc, Yang Ming Marine Transport Corp, Rinko Corp, and other transportation companies in the United States and Canada. The company has a strong market position and a large fleet of trucks and trailers. JBHT offers a wide range of transportation services. The company has a strong financial position and is expected to grow at a fast pace in the coming years.
– Hub Group Inc ($NASDAQ:HUBG)
Hub Group is a transportation management company that provides intermodal, truck brokerage and logistics services. Hub Group’s intermodal services include rail-to-truck and truck-to-rail transloading, as well as drayage service. The company’s truck brokerage services provide full truckload, less-than-truckload and dedicated contract carriage. Hub Group’s logistics services include supply chain management and warehouse management.
As of 2022, Hub Group’s market cap is $2.59 billion. The company’s return on equity is 21.81%. Hub Group is a transportation management company that provides intermodal, truck brokerage and logistics services. The company’s intermodal services include rail-to-truck and truck-to-rail transloading, as well as drayage service. The company’s truck brokerage services provide full truckload, less-than-truckload and dedicated contract carriage. Hub Group’s logistics services include supply chain management and warehouse management.
– Yang Ming Marine Transport Corp ($TWSE:2609)
As of 2022, Yang Ming Marine Transport Corp has a market cap of 220B and a Return on Equity of 62.35%. The company is a leading provider of international ocean transportation services. It operates a modern fleet of container vessels and provides integrated logistics services. The company has a strong market position in the Far East, Europe, and the Middle East.
– Rinko Corp ($TSE:9355)
Rinko Corp is a Japanese company that manufactures and sells construction materials. The company has a market cap of 3.82B as of 2022 and a return on equity of 4.29%. Rinko Corp is a well-established company with a strong financial position. The company’s products are in high demand, and its products are used in a wide variety of applications. Rinko Corp has a strong market presence and is a market leader in its industry.
Summary
J.B. Hunt Transport Services recently reported their financial results for the quarter. Analysts are concerned about this news and are quickly assessing the impact on the stock price. Investors should consider the potential for lower profit margins and what effect this could have on their investments in the company. Going forward, investors should keep a close eye on the company’s performance to see if the misses are a one-time event or a sign of a larger trend.
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