For the quarter ended September 2024, JB Hunt (JBHT) reported income of $3.07 billion, down 3% over the identical interval final yr. 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 carefully watch year-over-year modifications in headline numbers — income and earnings — and the way they examine to Wall Road expectations to find out their subsequent plan of action, some key metrics all the time present a greater perception into an organization’s underlying efficiency.
Since these metrics play a vital position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher challenge 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 Road analysts:
- Truckload – Complete tractors: 1,989 in comparison with the 1,912 common estimate primarily based on three analysts.
- Remaining Mile Providers – Common vans throughout the interval: 1,334 in comparison with the 1,423 common estimate primarily based 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 Resolution – Masses: 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 primarily based on 4 analysts. The reported quantity represents a change of -5.2% yr over yr.
- Income- Remaining 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 primarily based on 4 analysts. The reported quantity represents a change of -6.7% yr over yr.
- Income- Intermodal: $1.56 billion in comparison with the $1.47 billion common estimate primarily based on 4 analysts. The reported quantity represents a change of +0.1% yr over yr.
- Income- Gasoline 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 gas 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 might carry out consistent 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 best shares early when their progress potential is biggest?”
Zacks has launched a Particular Report that will help you just do that, and as we speak it’s free. Uncover 5 particular firms that look to achieve essentially the most from development and restore to roads, bridges, and buildings, plus cargo hauling and power transformation on an nearly unimaginable scale.
Download FREE: How To Profit From Trillions On Spending For Infrastructure >>
J.B. Hunt Transport Services, Inc. (JBHT) : Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
