SA: JB Hunt rallies after Citi points to strong earnings potential

SEEKING ALPHA reports:

– Citi turns constructive on J.B. Hunt Transport Services (NASDAQ:JBHT) with an upgrade to a Buy rating from Neutral.

– The firm expects strong earnings growth for J.B. Hunt for the next few years.

– “We believe we are entering a multi-year earnings growth cycle, most similar to 2012-2015, which could see ~80-100% EPS growth over three years as a solid freight cycle drives its established segments, while its emerging segments swing to profitability and power out-year growth.”

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