Analysis: Forget great results – JB Hunt leads vertical push in ocean
Another type of deal
SEEKING ALPHA reports:
J.B. Hunt Transport Services (NASDAQ:JBHT): Q2 GAAP EPS of $1.14 beats by $0.29; Revenue of $2.15B (-4.9% Y/Y) beats by $120M; Operating ratio of 91.8% vs. 93.5% consensus.
More here: JB Hunt +1% after topping Q2 estimates
J.B. Hunt Transport (NASDAQ:JBHT) reports operating revenue fell 5% to $2.26B in Q2. The company says revenue performance (ex-fuel surcharge revenue) was primarily driven by a 2% volume decline in Intermodal, 11% volume decline in Integrated Capacity Solutions, and 5% fewer stops in Final Miles Services, partially offset by a ...