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JB Hunt: Q2 Earnings Snapshot

Associated Press Finance
·1 min read

LOWELL, Ark. (AP) — LOWELL, Ark. (AP) — JB Hunt Transport Services Inc. (JBHT) on Tuesday reported second-quarter net income of $135.9 million.

The Lowell, Arkansas-based company said it had profit of $1.32 per share.

The results missed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.51 per share.

The trucking and logistics company posted revenue of $2.93 billion in the period, which also missed Street forecasts. Five analysts surveyed by Zacks expected $3.04 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JBHT at https://www.zacks.com/ap/JBHT