LOWELL, Ark. (AP) _ JB Hunt Transport Services Inc. (JBHT) on Tuesday reported third-quarter profit of $151.2 million.
On a per-share basis, the Lowell, Arkansas-based company said it had net income of $1.40.
The results fell short of Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.44 per share.
The trucking and logistics company posted revenue of $2.36 billion in the period, exceeding Street forecasts. Five analysts surveyed by Zacks expected $2.35 billion.
JB Hunt shares have climbed 20% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $111.59, rising slightly in the last 12 months.