J.B. Hunt Misses on Q1 Earnings

J.B. Hunt Transport Services (NASDAQ: JBHT  ) reported this week that Q1 operating revenue came in at $1.29 billion, up from the $1.17 billion in the same period the previous year.

Net profit amounted to $73.3 million ($0.61 per diluted share), against Q1 2012's result of $67.7 million ($0.57).

Revenue broadly met analyst projections, but net came in a bit lower. Expectations had been for EPS of $0.64.

Of J.B. Hunt's four business units, its intermodal division recorded the highest year-on-year growth in revenue. It brought in $796 million for the quarter, a 62% increase over Q1 2012's $694 million.


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