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.
Shares of the logistics company closed the day’s trading higher and continued to gain during the extended session.
Shares of Mattel, Inc. (NASDAQ: MAT) were up slightly on Thursday. The stock has gained 20% year-to-date and 19% over the past three months. There is a level of optimism
Paychex Inc. (NASDAQ: PAYX), a leading provider of human capital management solutions, is all set to publish operating results for the first three months of fiscal 2024. The company has
Darden Restaurants, Inc. (NYSE: DRI) reported first quarter 2024 earnings results today. Total sales increased 11.6% to $2.73 billion compared to the same period last year. Blended same-restaurant sales were