JB Hunt Transport Services Earnings: Here’s Why the Stock is Falling Now

JB Hunt Transport Services Inc. (NASDAQ:JBHT) delivered a profit and missed Wall Street’s expectations, BUT beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are down 2.92%.

Markets are at 5-year highs! Discover the best stocks to own. Click here for our fresh Feature Stock Pick now!

JB Hunt Transport Services Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 7.02% to $0.61 in the quarter versus EPS of $0.57 in the year-earlier quarter.

Revenue: Rose 10.78% to $1.29 billion from the year-earlier quarter.

Actual vs. Wall St. Expectations: JB Hunt Transport Services Inc. reported adjusted EPS income of $0.61 per share. By that measure, the company missed the mean analyst estimate of $0.64. It beat the average revenue estimate of $1.29 billion.

Quoting Management: There was no comment from the management.

Key Stats (on next page)…

Revenue decreased 3.48% from $1.34 billion in the previous quarter. EPS decreased 12.86% from $0.70 in the previous quarter.

Looking Forward: Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.76 to a profit $0.77. For the current year, the average estimate has moved up from a profit of $3.01 to a profit of $3.05 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)