teensexonline.com

JB Hunt (JBHT) Experiences Q3 Earnings: What Key Metrics Must Say

Date:

For the quarter ended September 2024, JB Hunt (JBHT) reported income of $3.07 billion, down 3% over the identical interval final 12 months. EPS got here in at $1.49, in comparison with $1.80 within the year-ago quarter.

The reported income represents a shock of +1.02% over the Zacks Consensus Estimate of $3.04 billion. With the consensus EPS estimate being $1.42, the EPS shock was +4.93%.

Whereas traders intently watch year-over-year modifications in headline numbers — income and earnings — and the way they evaluate to Wall Avenue expectations to find out their subsequent plan of action, some key metrics at all times present a greater perception into an organization’s underlying efficiency.

Since these metrics play a vital function in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher venture a inventory’s value efficiency.

Right here is how JB Hunt carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Avenue analysts:

  • Truckload – Complete tractors: 1,989 in comparison with the 1,912 common estimate based mostly on three analysts.
  • Last Mile Providers – Common vans throughout the interval: 1,334 in comparison with the 1,423 common estimate based mostly on three analysts.
  • Built-in Capability Options – Income per load: $1,882 versus the three-analyst common estimate of $1,860.08.
  • Built-in Capability Answer – Hundreds: 147,805 versus the three-analyst common estimate of 155,493.
  • Income- Truckload: $173.22 million versus $179.75 million estimated by 4 analysts on common. In comparison with the year-ago quarter, this quantity represents a -11.8% change.
  • Income- Devoted: $845.96 million in comparison with the $869.05 million common estimate based mostly on 4 analysts. The reported quantity represents a change of -5.2% 12 months over 12 months.
  • Income- Last Mile Providers: $218.32 million versus the four-analyst common estimate of $244.42 million. The reported quantity represents a year-over-year change of -3.4%.
  • Income- Built-in Capability Options: $278.18 million in comparison with the $291.14 million common estimate based mostly on 4 analysts. The reported quantity represents a change of -6.7% 12 months over 12 months.
  • Income- Intermodal: $1.56 billion in comparison with the $1.47 billion common estimate based mostly on 4 analysts. The reported quantity represents a change of +0.1% 12 months over 12 months.
  • Income- Gas surcharge revenues: $389.69 million versus the three-analyst common estimate of $402.42 million. The reported quantity represents a year-over-year change of -17.6%.
  • Income- Working revenues, excluding gasoline surcharge revenues: $2.68 billion versus the three-analyst common estimate of $2.64 billion. The reported quantity represents a year-over-year change of -0.5%.
  • Income- Intersegment eliminations: -$4.28 million versus the three-analyst common estimate of -$4.74 million. The reported quantity represents a year-over-year change of +2.8%.

View all Key Company Metrics for JB Hunt here>>>

Shares of JB Hunt have returned +4.8% over the previous month versus the Zacks S&P 500 composite’s +4.3% change. The inventory presently has a Zacks Rank #3 (Maintain), indicating that it may carry out in step with the broader market within the close to time period.

Infrastructure Inventory Growth to Sweep America

An enormous push to rebuild the crumbling U.S. infrastructure will quickly be underway. It’s bipartisan, pressing, and inevitable. Trillions will probably be spent. Fortunes will probably be made.

The one query is “Will you get into the proper shares early when their development potential is biggest?”

Zacks has launched a Particular Report that can assist you do exactly that, and at this time it’s free. Uncover 5 particular firms that look to achieve probably the most from building and restore to roads, bridges, and buildings, plus cargo hauling and vitality transformation on an nearly unimaginable scale.

Download FREE: How To Profit From Trillions On Spending For Infrastructure >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 5 Stocks Set to Double. Click to get this free report

J.B. Hunt Transport Services, Inc. (JBHT) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.

Share post:

Subscribe

Popular

More like this
Related