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Lowell, Arizona-based J.B. Hunt Transport Services, Inc. (JBHT) is a freight & logistics company. Valued at $16.4 billion by market cap, J.B. Hunt focuses on transportation, delivery, and logistic services in North America. The company is expected to announce its fiscal Q2 earnings after the market closes on Tuesday, July 16.
Ahead of the event, analysts expect J.B. Hunt to report a profit of $1.57 per share, down 13.3% from $1.81 per share reported in the year-ago quarter. The company has failed to meet Wall Street’s EPS estimates for the last four quarters. Its EPS for the last reported quarter declined by 35.5% year over year to $1.22 per share and was 20.3% lower than the consensus estimate. The company also reported an 8.8% decrease in revenue compared to Q1 2023.
