J.B. Hunt Transport Services (JBHT) reported earnings on Mon 16 July 2018 (b/o)

** charts before earnings **

 

** charts after earnings **

 

JB Hunt Trans beats by $0.09, beats on revs 

• Reports Q2 (Jun) earnings of $1.37 per share, $0.09 better than the Capital IQ Consensus of $1.28; revenues rose 23.9% year/year to $2.14 bln vs the $2.05 bln Capital IQ Consensus.
• Current quarter total operating revenue, excluding fuel surcharges, increased 21% vs. the comparable quarter 2017.
• An increase in revenue per load of 12% and load growth of 4% in Intermodal, a 17% increase in revenue producing trucks and a 10% increase in truck productivity in Dedicated Contract Services, a 38% increase in volume and a 13% increase in revenue per load in Integrated Capacity Solutions, and a 14% increase in rates per loaded mile in Truck contributed to the increase in consolidated revenue compared to prior year.