|Bid||125.07 x 800|
|Ask||125.14 x 800|
|Day's Range||121.74 - 125.95|
|52 Week Range||75.29 - 144.35|
|Beta (5Y Monthly)||1.00|
|PE Ratio (TTM)||26.90|
|Earnings Date||Jan 15, 2021 - Jan 19, 2021|
|Forward Dividend & Yield||1.08 (0.88%)|
|Ex-Dividend Date||Aug 06, 2020|
|1y Target Est||141.09|
Lower lease revenues in the Rail North America segment and higher expense hurt GATX Corp's (GATX) third-quarter results.
COVID-19 induced lower volumes hurt Canadian National's (CNI) third-quarter 2020 results.
United Airlines (UAL) aims to expand operations to 19 popular destinations in Mexico, the Caribbean and Latin America for winter travel.
J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) shareholders are probably feeling a little disappointed, since its...
Shares of J.B. Hunt Transport Services (NASDAQ: JBHT) closed down nearly 10% on Friday after the trucking company reported weaker-than-expected third-quarter earnings. On Friday morning, J.B. Hunt said it earned $1.18 per share in the quarter, short of analyst expectations of $1.27 per share. In the quarter, J.B. Hunt was plagued by network congestion, with the company unable to keep up with improving train operational metrics, which caused issues on the expense side.
J.B. Hunt Transport Services (NASDAQ: JBHT) reported third-quarter earnings per share of $1.18, 9 cents below analysts' expectations. The result was ahead of the 2019 third-quarter result of $1.10, but that period included $0.30 per share in arbitration charges related to the final award to BNSF Railway Company.Total revenue of $2.47 billion was 5% higher year-over-year and ahead of the consensus estimate calling for revenue of $2.36 billion. The revenue increase was largely driven by a 25% increase in brokerage revenue per load, a 22% increase in final-mile revenue as total stops increased 34% and a 16% increase in the truck division as loads were up 14%. Total revenue, excluding fuel surcharges, climbed 9% compared to the 2019 period.Operating income was also 5% higher year-over-year at $176 million, but down 17% year-over-year excluding the $44 million in charges related to the revenue-sharing dispute with BNSF. Higher purchased transportation costs on the railroads, widening losses in brokerage, increases in driver wages and recruiting expenses, higher third-party and drayage expenses, and increases in technology spending were listed as the culprits.Shares of JBHT are down 6% in premarket trading.View more earnings on JBHTThe company will host a call at 10 a.m. EDT to discuss these results with analysts. Stay tuned to FreightWaves for continuing coverage of J.B. Hunt's earnings results.J.B. Hunt's key performance indicatorsClick for more FreightWaves articles by Todd Maiden. * Some new drivers will see ,500 bonuses at YRC Freight, New Penn and Holland * Americold acquires Agro Merchants Group in .74 billion deal * Table set for 3Q truckload earnings blowoutSee more from Benzinga * Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas * Table Set For 3Q Truckload Earnings Blowout * All Signs Point To A Prolonged Trucking Rally(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
|Maintains||Deutsche Bank: to Hold||10/20/2020|
|Maintains||Credit Suisse: to Neutral||10/19/2020|
|Maintains||UBS: to Neutral||10/19/2020|
|Maintains||Morgan Stanley: to Equal-Weight||10/19/2020|
|Maintains||Morgan Stanley: to Equal-Weight||10/5/2020|
|Upgrade||Susquehanna: Neutral to Positive||10/2/2020|
Industry: Integrated Freight & Logistics
Full Time Employees: 29,056
J.B. Hunt Transport Services, Inc., together with its subsidiaries, provides surface transportation and delivery services in the continental United States, Canada, and Mexico. It operates in four segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), and Truckload (JBT). The JBI segment offers intermodal freight solutions, including origin and destination pickup, and delivery services. It operates 96,743 pieces of company-owned trailing equipment; owns and maintains its own chassis fleet of 82,731 units; and manages a fleet of 4,989 company-owned tractors, 570 independent contractor trucks, and 6,376 company drivers. The DCS segment designs, develops, and executes supply-chain solutions that support various transportation networks. As of December 31, 2019, it operated 10,542 company-owned trucks, 505 customer-owned trucks, and 40 independent contractor trucks, as well as 20,860 owned pieces of trailing equipment and 7,258 customer-owned trailers. The ICS segment offers traditional freight brokerage and transportation logistics solutions; and flatbed, refrigerated, expedited, and less-than-truckload solutions, as well as various dry-van and intermodal solutions. It also provides an online multimodal marketplace; and single-source logistics management for customers that desire to outsource their transportation functions. This segment operates 37 remote sales offices or branches. The JBT segment offers full-load and dry-van freight services by utilizing tractors operating over roads and highways. As of December 31, 2019, it operated 845 company-owned tractors. The company also transports or arranges for the transportation of freight, including general merchandise, specialty consumer items, appliances, forest and paper products, food and beverages, building materials, soaps and cosmetics, automotive parts, agricultural products, electronics, and chemicals. J.B. Hunt Transport Services, Inc. was incorporated in 1961 and is headquartered in Lowell, Arkansas.