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JB Hunt: 3Q Earnings Snapshot

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.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JBHT at https://www.zacks.com/ap/JBHT