J.B. Hunt Transport Services, Inc. will reveal its second-quarter financial outcomes after the closing bell on Tuesday, July 16. Analysts anticipate the Arkansas-based company to declare quarterly earnings at $1.53 per share, a decrease from last year’s $1.81 per share. Revenue expectation stands at $3.05 billion, a drop from the previous year’s $3.13 billion as per Benzinga Pro’s data. The company’s first-quarter 2024 results revealed operating revenue fell 9% year-over-year to $2.94 billion, missing the expected $3.12 billion consensus.
Ahead of the earnings release, J.B. Hunt Transport shares witnessed a 2.1% increase, closing at $169.62 on Monday. Investors and readers interested in the latest analyst ratings on the company can access information on Benzinga’s Analyst Stock Ratings page. Analysts have been closely observing J.B. Hunt Transport’s overall performance, providing insights and alerts to support confident trading. Despite the decrease in expected earnings and revenue, J.B. Hunt Transport remains in focus in the financial market as the anticipation builds for its second-quarter results.
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