JB Hunt Transport Services
The 10-second takeaway
For the quarter ended March 31 (Q1), JB Hunt Transport Services met expectations on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue increased. GAAP earnings per share grew.
Gross margins grew, operating margins dropped, net margins dropped.
JB Hunt Transport Services logged revenue of $1.29 billion. The 21 analysts polled by S&P Capital IQ looked for a top line of $1.29 billion on the same basis. GAAP reported sales were 11% higher than the prior-year quarter's $1.17 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.61. The 28 earnings estimates compiled by S&P Capital IQ averaged $0.64 per share. GAAP EPS of $0.61 for Q1 were 7.0% higher than the prior-year quarter's $0.57 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 16.8%, 10 basis points better than the prior-year quarter. Operating margin was 9.7%, 30 basis points worse than the prior-year quarter. Net margin was 5.7%, 10 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $1.41 billion. On the bottom line, the average EPS estimate is $0.75.
Next year's average estimate for revenue is $5.64 billion. The average EPS estimate is $3.02.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on JB Hunt Transport Services is outperform, with an average price target of $70.42.
Looking for alternatives to JB Hunt Transport Services? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.
- Add JB Hunt Transport Services to My Watchlist.