JB Hunt Transport Services Inc. (NASDAQ:JBHT) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company. Shares are down 0.26%.
JB Hunt Transport Services Inc. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 8.96% to $0.73 in the quarter versus EPS of $0.67 in the year-earlier quarter.
Revenue: Rose 10.17% to $1.38 billion from the year-earlier quarter.
Actual vs. Wall St. Expectations: JB Hunt Transport Services Inc. reported adjusted EPS income of $0.73 per share. By that measure, the company missed the mean analyst estimate of $0.74. It missed the average revenue estimate of $1.4 billion.
Quoting Management: There were no comments from management.
Key Stats (on next page)…
Revenue increased 7.06% from $1.29 billion in the previous quarter. EPS increased 19.67% from $0.61 in the previous quarter.
Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.81 to a profit $0.80. For the current year, the average estimate has moved down from a profit of $3.02 to a profit of $3.00 over the last ninety days.
Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)