J.B. Hunt Transport stock was down after the company reported fourth-quarter results that showed an expected improvement in shipping hasn’t arrived yet. Thursday evening, Hunt announced earnings per share of $1.
This was the stock's second consecutive day of losses.
Apple stock rises after falling Thursday by the most since August, Alphabet stock is up after the Supreme Court upholds a ban on TikTok, and Qorvo stock jumps after activist Starboard Value amasses a large stake in the chip maker.
Stock futures ticked lower on Thursday night after the Dow Jones Industrial Average and the S&P 500 ended a three-day losing streak. Futures tied to the 30-stock Dow fell 41 points, or 0.1%. S&P 500 futures and Nasdaq 100 futures both dipped 0.1%.
J.B. Hunt Transport Services defied a weak U.S. freight market to post a higher profit in the fourth quarter, although overall revenue fell as lower revenue per load more than offset volume gains.
Luke Sharrett / Bloomberg via Getty Images J.B. Hunt Transport Services missed fourth ... Dedicated Contract Services unit because of lower average truck revenue. The Integrated Capacity Solutions ...
View J.B. Hunt Transport Services, Inc. (JBHT) current and estimated P/E ratio data provided by Seeking Alpha.
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.0%.
According to TipRanks.com, Brown is a top 25 analyst with an average return of 19.6% and a 73.9% success rate. Brown covers the Industrial ... $128.00 price target. J.B. Hunt Transportation ...
Bank of America said the strength its observing in the freight market is more than just pre-shipping ahead of tariffs and the Chinese New Year.
J.B. Hunt Transport Services Inc. closed $40.28 below its 52-week high ($219.51), which the company achieved on February 15th.
While the Dow Jones Industrial Average outperformed on strength ... and unveiled several shareholder-friendly initiatives. Why J.B. Hunt Stock Is Sinking After Earnings J.B. Hunt stock is notably ...