Is it safe to buy into a transport company ahead of a potential recession?
News & Analysis: J.B. Hunt Transport Services
Profits increased 2/3 in Q4, and free cash flow doubled for the year.
JBHT earnings call for the period ending December 31, 2019.
Charging shares of this cyclical company might be ripe for gains, so it's time for a second look at the bullish investment thesis following recently reported earnings.
The company's dedicated contract services division also continues to catalyze overall results.
JBHT earnings call for the period ending September 30, 2019.
Contract renewal results, intermodal volumes, and growth in dedicated supply chain services will be scrutinized when the company files its latest set of financial statements.
The freight logistics company also projects more progress on the profitability front over the next two quarters.
See why J.B. Hunt soared and Domino's plunged on a down day for the broader markets.
JBHT earnings call for the period ending June 30, 2019.