Shares of the logistics company closed the day’s trading higher and continued to gain during the extended session.
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Infographic: J.B Hunt Transport (JBHT) Q1 2020 earnings review
J.B. Hunt Transport Services Inc. (NASDAQ: JBHT) Tuesday said its first-quarter earnings decreased to $0.98 per share, despite a 9% growth in revenues to $2.3 billion. Earnings missed the consensus estimates, while revenues surpassed the forecast. The bottom-line was negatively impacted by a marked increase in operating expenses, reflecting the uptick in wages and acquisition-related costs. […]
NYSE
$JBHT · Earnings
“J.B. Hunt Transport Services Inc. (NASDAQ: JBHT) Tuesday said its first-quarter earnings decreased to $0.98 per share, despite a 9% growth in revenues to $2.3 billion. Earnings missed the consensus estimates, while revenues surpassed the forecast. The bottom-line was negatively impacted by a marked increase in operating expenses, reflecting the uptick in wages and acquisition-related costs. […]
· April 14, 2020
J.B. Hunt Transport Services Inc. (NASDAQ: JBHT) Tuesday said its first-quarter earnings decreased to $0.98 per share, despite a 9% growth in revenues to $2.3 billion. Earnings missed the consensus estimates, while revenues surpassed the forecast.
The bottom-line was negatively impacted by a marked increase in operating expenses, reflecting the uptick in wages and acquisition-related costs. Of late, the performance of the company’s truck division has been negatively impacted by the general slump in freight services.
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