J.B. Hunt Beats Analyst Estimates For Third Quarter Earnings

October 20, 2022

Business

J.B. Hunt Beats Analyst Estimates For Third Quarter Earnings

NWA Daily

After the markets closed yesterday, J.B. Hunt reported its earnings, beating out several analysts’ quarterly estimates. 

  • Earnings and revenue: J.B. Hunt’s reported earnings increased by 34.8% to $269.38m, or $2.57 per share, from $199.82m, or $1.88 per share, in the same quarter last year. Revenue also rose by 22.1% to $3.83b, from $3.14b.
  • Proceed with caution: During the report, J.B. Hunt execs appeared optimistic about the “better than feared” quarter yet cautious about the market, staying ready to pivot if necessary. 

Read the full Talk Business & Politics story HERE

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