J.B. Hunt reports 4Q earnings

In this 2017 file photo, people walk in the break area inside the new expansion at the J.B. Hunt Transport headquarters in Lowell.
In this 2017 file photo, people walk in the break area inside the new expansion at the J.B. Hunt Transport headquarters in Lowell.

LOWELL, Ark. -- JB Hunt Transport Services Inc. (JBHT) on Friday reported fourth-quarter net income of $144.7 million.

The Lowell, Arkansas-based company said it had net income of $1.35 per share.

The results fell short of Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.52 per share.

The trucking and logistics company posted revenue of $2.45 billion in the period, which matched Street forecasts.

For the year, the company reported profit of $516.3 million, or $4.75 per share. Revenue was reported as $9.17 billion.

JB Hunt shares have climbed nearly 3% since the beginning of the year. The stock has increased 24% in the last 12 months.


This story was generated by Automated Insights using data from Zacks Investment Research.

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