J B Hunt Transport Services Inc (NASDAQ:JBHT) Set to Announce Quarterly Earnings on Monday
J B Hunt Transport Services Inc (NASDAQ:JBHT) is scheduled to announce its earnings results before the market opens on Monday, July 17th. Analysts expect the company to announce earnings of $0.92 per share for the quarter.
J B Hunt Transport Services (NASDAQ:JBHT) last released its quarterly earnings results on Monday, April 17th. The transportation company reported $0.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.06. The company had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.64 billion. J B Hunt Transport Services had a return on equity of 29.57% and a net margin of 6.30%. The firm’s revenue was up 6.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.88 EPS. On average, analysts expect J B Hunt Transport Services to post $3.95 EPS for the current fiscal year and $4.51 EPS for the next fiscal year.
J B Hunt Transport Services Inc (NASDAQ JBHT) traded down 0.75% during mid-day trading on Thursday, hitting $91.26. The stock had a trading volume of 1,146,066 shares. The stock’s 50-day moving average is $86.98 and its 200 day moving average is $93.14. The company has a market capitalization of $10.04 billion, a P/E ratio of 23.70 and a beta of 0.94. J B Hunt Transport Services Inc has a 52 week low of $76.20 and a 52 week high of $102.38.
A number of equities research analysts have recently issued reports on the company. Credit Suisse Group restated a “buy” rating and set a $103.00 price objective (down previously from $107.00) on shares of J B Hunt Transport Services in a report on Friday, March 31st. BMO Capital Markets restated a “hold” rating and set a $96.00 price objective (down previously from $100.00) on shares of J B Hunt Transport Services in a report on Friday, March 31st. Vertical Research assumed coverage on J B Hunt Transport Services in a report on Thursday, April 13th. They set a “hold” rating and a $92.00 price objective for the company. Stifel Nicolaus reduced their price objective on J B Hunt Transport Services from $97.00 to $88.00 and set a “hold” rating for the company in a report on Wednesday, April 19th. Finally, Cowen and Company reduced their price objective on J B Hunt Transport Services from $102.00 to $101.00 and set an “outperform” rating for the company in a report on Wednesday, April 19th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $98.07.
About J B Hunt Transport Services
J.B. Hunt Transport Services, Inc is a surface transportation, delivery, and logistics company in North America. The Company segments include Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS) and Truck (JBT). The Company, through its subsidiaries, provides transportation and delivery services to a range of customers and consumers throughout the continental United States, Canada and Mexico.
Receive News & Ratings for J B Hunt Transport Services Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for J B Hunt Transport Services Inc and related companies with MarketBeat.com's FREE daily email newsletter.