trending Market Intelligence /marketintelligence/en/news-insights/trending/-bQY95aD3bgtRKfrCegJKw2 content esgSubNav
In This List

J.B. Hunt Transport Services Q2 profit falls YOY


Points Of No Return: Loyalty Ventures Inc.’s Financial Tailspin


Are transshipment hubs facilitating the movement of Western-made components to Russia


MediaTalk | Season 2
Ep.8 The Masters Returns

Case Study

A Sports League Maximizes Revenue from Media Rights

J.B. Hunt Transport Services Q2 profit falls YOY

J.B. Hunt Transport Services Inc. said its normalized net income for the second quarter amounted to 88 cents per share, compared with the S&P Capital IQ consensus estimate of 91 cents per share.

EPS fell 5.3% year over year from 93 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $97.6 million, a decline of 7.8% from $105.9 million in the year-earlier period.

The normalized profit margin fell to 5.7% from 6.6% in the year-earlier period.

Total revenue grew 6.9% year over year to $1.73 billion from $1.62 billion, and total operating expenses grew 8.6% year over year to $1.56 billion from $1.44 billion.

Reported net income declined 6.8% on an annual basis to $97.5 million, or 88 cents per share, from $104.7 million, or 92 cents per share.