17.10.2023 22:16:24 - dpa-AFX: JB Hunt Transport Services Inc. Reveals Decline In Q3 Income, misses estimates
LOWELL (dpa-AFX) - JB Hunt Transport Services Inc. (JBHT) reported a profit
for third quarter that decreased from last year and missed the Street
estimates.
The company's bottom line totaled $187.43 million, or $1.80 per share. This
compares with $269.38 million, or $2.57 per share, in last year's third quarter.
Analysts on average had expected the company to earn $1.83 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter fell 17.7% to $3.16 billion from $3.84
billion last year.
JB Hunt Transport Services Inc. earnings at a glance (GAAP) :
-Earnings (Q3): $187.43 Mln. vs. $269.38 Mln. last year.
-EPS (Q3): $1.80 vs. $2.57 last year.
-Analyst Estimates: $1.83
-Revenue (Q3): $3.16 Bln vs. $3.84 Bln last year.
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