Previous Close | 153.95 |
Open | 152.50 |
Bid | 157.20 x 100000 |
Ask | 157.55 x 100000 |
Day's Range | 152.50 - 157.40 |
52 Week Range | 149.95 - 202.90 |
Volume | |
Avg. Volume | 3 |
Market Cap | N/A |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
J.B. Hunt Transport Services ( NASDAQ:JBHT ) First Quarter 2024 Results Key Financial Results Revenue: US$2.94b (down...
Shares of U.S. trucking firms fell on Wednesday, after dismal quarterly numbers from JB Hunt Transport Services and Knight-Swift Transportation Holdings signaled a longer wait for a rebound in the freight industry. Freight companies have been grappling with reduced transport volumes on account of a shift in consumer spending from goods to services, combined with global shipping delays. In what TD Cowen analysts called an "ominous start for transport earnings", JB Hunt missed first-quarter estimates on Tuesday as it struggled with weak demand for intermodal services — its biggest segment.
Trucking companies were shaken as J.B. Hunt reported earnings results rocked the industry. The company's chief executive also gave a warning.