JB Hunt Transport Services (JBHT) Reports In-Line Q1 EPS

JB Hunt Transport Services (NASDAQ: JBHT) reported Q1 EPS of $0.79, in-line with the analyst estimate of $0.79. Revenue for the quarter came in at $1.55 billion versus the consensus estimate of $1.54 billion.

“The slowdown in train velocity and the difficult driver recruiting environment has challenged our growth in JBI. We are pleased we were able to maintain profitability levels despite these obstacles. The worsening driver supply conditions will continue to be a headwind for DCS and JBT as well. The planned improvement in JBT is ahead of schedule and though there is more to do, we are extremely pleased with the progress thus far,” stated John N. Roberts III, President and CEO of J.B. Hunt Transport Services, Inc.

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

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