JB Hunt’s Q4 earnings show a revenue drop, but some metrics exceed expectations
Lowell: JB Hunt just released its Q4 earnings, and it’s a mixed bag. They reported revenue of $3.15 billion, which is down about 4.8% from last year. Their earnings per share (EPS) came in at $1.53, slightly up from $1.47 a year ago.
Interestingly, their revenue beat the Zacks Consensus Estimate by a smidge, but the EPS fell short of expectations. Investors are always looking at these numbers to gauge the company’s health and future stock performance.
Now, let’s break down some key metrics that analysts keep an eye on. For intermodal trailing equipment, they had 122,272 units, which is a bit better than what analysts expected. Revenue per load for Integrated Capacity Solutions was $1,942, also exceeding estimates.
However, not everything was rosy. The revenue for Final Mile Services and Dedicated services both came in lower than expected, showing a decline compared to last year. Fuel surcharge revenues also took a hit, dropping significantly.
Despite these ups and downs, JB Hunt’s stock has performed well recently, gaining about 9.6% over the past month, while the broader market dipped slightly. But with a Zacks Rank of #4, it might not be the best time to buy.
