J.B. Hunt Transport Services, Inc. (JBHT) Set to Announce Earnings on Friday

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) will release its earnings data before the market opens on Friday, October 13th.

J.B. Hunt Transport Services (NASDAQ:JBHT) last announced its earnings results on Monday, July 17th. The transportation company reported $0.88 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.92 by ($0.04). J.B. Hunt Transport Services had a return on equity of 30.00% and a net margin of 6.32%. The business had revenue of $1.73 billion for the quarter, compared to analysts’ expectations of $1.74 billion. During the same quarter last year, the firm earned $0.92 earnings per share. The firm’s quarterly revenue was up 6.9% compared to the same quarter last year. On average, analysts expect J.B. Hunt Transport Services to post $3.85 EPS for the current fiscal year and $4.49 EPS for the next fiscal year.

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) opened at 106.17 on Wednesday. The company’s 50-day moving average price is $103.00 and its 200 day moving average price is $93.30. The stock has a market capitalization of $11.62 billion, a P/E ratio of 27.85 and a beta of 0.96. J.B. Hunt Transport Services, Inc. has a 52 week low of $76.20 and a 52 week high of $111.98.

In related news, EVP Terrence D. Matthews sold 2,694 shares of the firm’s stock in a transaction dated Friday, September 8th. The shares were sold at an average price of $101.00, for a total value of $272,094.00. Following the completion of the sale, the executive vice president now owns 21,140 shares in the company, valued at $2,135,140. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Shelley Simpson sold 3,700 shares of the firm’s stock in a transaction dated Friday, August 18th. The shares were sold at an average price of $97.05, for a total transaction of $359,085.00. Following the completion of the sale, the executive vice president now owns 55,944 shares of the company’s stock, valued at approximately $5,429,365.20. The disclosure for this sale can be found here. In the last three months, insiders have sold 1,052,872 shares of company stock worth $103,066,436. Corporate insiders own 4.30% of the company’s stock.

WARNING: This news story was first posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this news story on another domain, it was copied illegally and reposted in violation of US & international trademark & copyright laws. The legal version of this news story can be viewed at https://ledgergazette.com/2017/10/11/j-b-hunt-transport-services-inc-jbht-set-to-announce-earnings-on-friday.html.

JBHT has been the topic of several research reports. Wells Fargo & Company reaffirmed an “outperform” rating and set a $105.00 price objective (up previously from $100.00) on shares of J.B. Hunt Transport Services in a report on Tuesday, July 18th. BidaskClub raised J.B. Hunt Transport Services from a “sell” rating to a “hold” rating in a report on Tuesday, July 11th. Bank of America Corporation reaffirmed a “buy” rating and set a $109.00 price objective (up previously from $98.00) on shares of J.B. Hunt Transport Services in a report on Monday, July 10th. Morgan Stanley reaffirmed an “equal weight” rating and set a $84.00 price objective (down previously from $85.00) on shares of J.B. Hunt Transport Services in a report on Tuesday, July 18th. Finally, Loop Capital reaffirmed a “buy” rating and set a $103.00 price objective (down previously from $105.00) on shares of J.B. Hunt Transport Services in a report on Saturday, July 22nd. Seven research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $105.88.

About J.B. Hunt Transport Services

J.B. Hunt Transport Services, Inc is a surface transportation, delivery, and logistics company in North America. The Company segments include Intermodal (JBI), Ded

J.B. Hunt Transport Services (NASDAQ:JBHT) last announced its earnings results on Monday, July 17th. The transportation company reported $0.88 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.92 by ($0.04). J.B. Hunt Transport Services had a return on equity of 30.00% and a net margin of 6.32%. The business had revenue of $1.73 billion for the quarter, compared to analysts’ expectations of $1.74 billion. During the same quarter last year, the firm earned $0.92 earnings per share. The firm’s quarterly revenue was up 6.9% compared to the same quarter last year. On average, analysts expect J.B. Hunt Transport Services to post $3.85 EPS for the current fiscal year and $4.49 EPS for the next fiscal year.

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) opened at 106.17 on Wednesday. The company’s 50-day moving average price is $103.00 and its 200 day moving average price is $93.30. The stock has a market capitalization of $11.62 billion, a P/E ratio of 27.85 and a beta of 0.96. J.B. Hunt Transport Services, Inc. has a 52 week low of $76.20 and a 52 week high of $111.98.

In related news, EVP Terrence D. Matthews sold 2,694 shares of the firm’s stock in a transaction dated Friday, September 8th. The shares were sold at an average price of $101.00, for a total value of $272,094.00. Following the completion of the sale, the executive vice president now owns 21,140 shares in the company, valued at $2,135,140. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Shelley Simpson sold 3,700 shares of the firm’s stock in a transaction dated Friday, August 18th. The shares were sold at an average price of $97.05, for a total transaction of $359,085.00. Following the completion of the sale, the executive vice president now owns 55,944 shares of the company’s stock, valued at approximately $5,429,365.20. The disclosure for this sale can be found here. In the last three months, insiders have sold 1,052,872 shares of company stock worth $103,066,436. Corporate insiders own 4.30% of the company’s stock.

WARNING: This news story was first posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this news story on another domain, it was copied illegally and reposted in violation of US & international trademark & copyright laws. The legal version of this news story can be viewed at https://ledgergazette.com/2017/10/11/j-b-hunt-transport-services-inc-jbht-set-to-announce-earnings-on-friday.html.

JBHT has been the topic of several research reports. Wells Fargo & Company reaffirmed an “outperform” rating and set a $105.00 price objective (up previously from $100.00) on shares of J.B. Hunt Transport Services in a report on Tuesday, July 18th. BidaskClub raised J.B. Hunt Transport Services from a “sell” rating to a “hold” rating in a report on Tuesday, July 11th. Bank of America Corporation reaffirmed a “buy” rating and set a $109.00 price objective (up previously from $98.00) on shares of J.B. Hunt Transport Services in a report on Monday, July 10th. Morgan Stanley reaffirmed an “equal weight” rating and set a $84.00 price objective (down previously from $85.00) on shares of J.B. Hunt Transport Services in a report on Tuesday, July 18th. Finally, Loop Capital reaffirmed a “buy” rating and set a $103.00 price objective (down previously from $105.00) on shares of J.B. Hunt Transport Services in a report on Saturday, July 22nd. Seven research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $105.88.

About J.B. Hunt Transport Services

J.B. Hunt Transport Services, Inc is a surface transportation, delivery, and logistics company in North America. The Company segments include Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS) and Truck (JBT). The Company, through its subsidiaries, provides transportation and delivery services to a range of customers and consumers throughout the continental United States, Canada and Mexico.

Earnings History for J.B. Hunt Transport Services (NASDAQ:JBHT)

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