J.B. Hunt Transport Services, Inc. (JBHT) Posts Quarterly Earnings Results, Beats Estimates By $0.01 EPS
Thursday, July 14, 2021 6:11 PM

J.B. Hunt Transport Services, Inc. (JBHT) announced its quarterly results on Thursday. The company reported $0.53 earnings per share for the quarter, beating the Thomson Reuters consensus estimate of $0.52 by $0.01. The company’s quarterly revenue was up 22.0% on a year-over-year basis.

On a related note, analysts at Sanford C. Bernstein initiated coverage on shares of J.B. Hunt Transport Services, Inc. in a research note to investors on Wednesday, May 11st. They set an "outperform" rating and a $58.00 price target on the stock. Also, analysts at Zacks Investment Research reiterated a "neutral" rating on shares of J.B. Hunt Transport Services, Inc. in a research note to investors on Friday, April 29th.

Shares of J.B. Hunt Transport Services, Inc. (JBHT) traded down 0.54% during mid-day trading on Thursday, hitting $47.71. J.B. Hunt Transport Services, Inc. (JBHT) has a 52 week low of $31.59 and a 52 week high of $48.53. The stock's 50-day moving average is $45.6 and its 200-day moving average is $44.. The company has a market cap of $5.736 billion and a price-to-earnings ratio of 28.67.

J.B. Hunt Transport Services, Inc. (JBHT) is a holding company. The Company provides a range of transportation services to a group of customers throughout the continental United States, Canada and Mexico. It has arrangements with the North American rail carriers to transport freight in containers and trailers. It also provides customized freight movement, revenue equipment, labor, systems and delivery services. It also provides integrated capacity and transportation and logistics services and solutions by utilizing a network of thousands of third-party carriers. Its business operations are primarily organized through four business segments: intermodal (JBI), dedicated contract services (DCS), full-load dry-van (JBT) and integrated capacity solutions (ICS). It transports, or arranges for the transportation of a range of freight, including general merchandise, specialty consumer items, food and beverages, building materials, soaps and cosmetics, and chemicals.

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