JB Hunt Transport Servs Q2 2024 Adj EPS $1.32 Misses $1.53 Estimate, Sales $2.93B Miss $3.05B Estimate
Portfolio Pulse from Benzinga Newsdesk
JB Hunt Transport Services (NASDAQ:JBHT) reported Q2 2024 adjusted EPS of $1.32, missing the $1.53 estimate. Sales were $2.93B, below the $3.05B estimate and down 6.48% from last year's $3.13B.
July 16, 2024 | 8:10 pm
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JB Hunt Transport Services reported Q2 2024 earnings and sales that missed analyst estimates. EPS was $1.32, below the $1.53 estimate, and sales were $2.93B, below the $3.05B estimate, and down 6.48% YoY.
The significant miss on both EPS and sales estimates, along with a year-over-year decline in sales, is likely to negatively impact JBHT's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100