J.B. Hunt Transport Services (JBHT) Misses Q3 EPS by 5c

J.B. Hunt Transport Services (NASDAQ: JBHT) reported Q3 EPS of $1.80, $0.05 worse than the analyst estimate of $1.85. Revenue for the quarter came in at $3.16 billion versus the consensus estimate of $3.18 billion.

Acquisition Update:

On September 14, 2023, the Company announced it entered into a definitive agreement to purchase the brokerage operations of BNSF Logistics, LLC, which subsequently closed on September 30, 2023. For segment reporting purposes, the results of the operations acquired will be reflected in ICS beginning in the fourth quarter.

For earnings history and earnings-related data on J.B. Hunt Transport Services (JBHT) click here.

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