Top Wall Street Forecasters Revamp J.B. Hunt Transport Expectations Ahead Of Q2 Earnings
Portfolio Pulse from Avi Kapoor
Top Wall Street analysts have adjusted their expectations for J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) ahead of its Q2 earnings release on July 16. Analysts predict a decline in both earnings per share and revenue compared to the previous year. Recent analyst ratings have maintained positive outlooks but have lowered price targets.
July 16, 2024 | 3:20 pm
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J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) is expected to report lower earnings and revenue for Q2 compared to the previous year. Analysts have maintained positive ratings but have reduced their price targets.
The news indicates that while analysts expect a decline in earnings and revenue, they still maintain positive ratings for JBHT, albeit with reduced price targets. This suggests a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100