JB Hunt Transport Servs Q2 EPS $1.81 Misses $1.92 Estimate, Sales $3.13B Miss $3.31B Estimate
Portfolio Pulse from Benzinga Newsdesk
JB Hunt Transport Servs (NASDAQ:JBHT) reported Q2 earnings of $1.81 per share, missing the analyst consensus estimate of $1.92 by 5.73 percent. This is a 25.21 percent decrease from the same period last year. The company also reported quarterly sales of $3.13 billion, missing the analyst consensus estimate of $3.31 billion by 5.44 percent, a decrease of 18.45 percent from the same period last year.
July 18, 2023 | 8:06 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
JB Hunt's Q2 earnings and sales missed estimates, marking a significant decrease from the same period last year. This could potentially impact the company's stock price negatively.
The company's earnings and sales have significantly decreased compared to the same period last year, and they also missed the analyst consensus estimates. This could lead to a decrease in investor confidence and a potential drop in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100