JB Hunt Transport Servs Q3 EPS $1.49 Beats $1.47 Estimate, Sales $3.07B Beat $3.02B Estimate
Portfolio Pulse from Benzinga Newsdesk
JB Hunt Transport Services reported Q3 earnings per share of $1.49, surpassing the analyst estimate of $1.47, despite a 17.22% decrease from last year. Sales were $3.07 billion, also beating the estimate of $3.02 billion, though down 3.03% from the previous year.
October 15, 2024 | 8:07 pm
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JB Hunt Transport Services exceeded Q3 earnings and sales estimates, with EPS at $1.49 and sales at $3.07 billion. However, both figures are down from the previous year.
JB Hunt's Q3 results exceeded analyst expectations, which is typically positive for stock prices. However, the year-over-year decline in both EPS and sales may temper investor enthusiasm. The short-term impact is likely positive due to the earnings beat.
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IMPORTANCE 80
RELEVANCE 100