JB Hunt Transport Servs Q1 EPS $1.22 Misses $1.52 Estimate, Sales $2.94B Miss $3.12B Estimate
Portfolio Pulse from Benzinga Newsdesk
JB Hunt Transport Services (JBHT) reported Q1 earnings of $1.22 per share, missing the consensus estimate of $1.52, and sales of $2.94B, missing the estimate of $3.12B. This represents a decrease in earnings and sales from the same period last year.
April 16, 2024 | 8:06 pm
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NEGATIVE IMPACT
JB Hunt Transport Services reported lower than expected Q1 earnings and sales, with a significant decrease compared to last year.
The miss in both earnings per share and sales compared to analyst estimates, along with a year-over-year decrease in these figures, is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100