NASDAQ$JBHT

J.B.Hunt Transport Services Inc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

J.B. Hunt's financial performance decreased due to increased costs, despite revenue growth across most segments.

J.B. Hunt reported a revenue increase of 9.1% year-over-year, but net earnings and operating income decreased due to rising costs, including a one-time bonus to drivers and increased spending on technology and rail transportation.

  • Total operating revenue increased by 9.1% to $2.28 billion, compared to $2.09 billion in Q1 2019.
  • Net earnings decreased to $104.8 million, or $0.98 per diluted share, compared to $119.6 million, or $1.09 per diluted share in Q1 2019.
  • Operating income decreased to $154.7 million, including a $12.3 million charge for employee bonuses and an $8.2 million accrual related to revenue divisions owed to BNSF Railway Company.
  • Intermodal volumes increased by 7%, while Dedicated Contract Services revenue increased by 10% due to additional customer contracts and higher fleet utilization.

Headline financials

Total Revenue

$2.28B

Previous: $2.09B+9.1%
EPS (adj)

$0.98

Previous: $1.09-10.1%
Intermodal Loads

0

Previous: 0
Intermodal Revenue/Load

$0.00

Previous: $0.00
Dedicated Rev/Truck/Week

$0.00

Previous: $0.00
Final Mile Stops

0

Previous: 0
Truckload Rev/Load

$0.00

Previous: $0.00
Capital Expenditures

-$167M

Previous: -$258M+35.3%
Free Cash Flow

-$62M

Previous: -$138M+55.1%
Net Income

$105M

Previous: $120M-12.3%
Operating Income

$155M

Previous: $168M-7.8%
Gross Profit

-$155M

Previous: -$162M+4.7%
Cash & Equivalents

$48.5M

Previous: $52.4M-7.5%
Total Assets

$5.38B

Previous: $5.33B+1.0%
Stock-Based Comp

$18.1M

Previous: $13.6M+33.1%

Revenue & EPS history

J.B.Hunt · Revenue · Quarterly

$2.28B

Q1 2020+9.1%vs Q1 2019
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Revenue by segment

J.B.Hunt · $2.28B total across 5 segments · Q1 2020

  • Intermodal
    $1.19B+5.7%
  • Dedicated Contract Services
    $551M+10.1%
  • Integrated Capacity Solutions
    $360M+12.0%
  • Final Mile Services
    $135M+38.8%
  • Truckload
    $44.8M+3.3%

Forward guidance

This press release contains forward-looking statements, which are based on information currently available. Actual results may differ materially from those currently anticipated due to a number of factors, including, but not limited to, those discussed in Item 1A of our Annual Report filed on Form 10-K for the year ended December 31, 2019. We assume no obligation to update any forward-looking statement to the extent we become aware that it will not be achieved for any reason.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

+0.8%

Avg return

Earnings day

+1.2%

Avg return

5 days after

+2.4%

Avg return

30 days after

61%

42 / 69 earnings

Positive

+22.1%

Q3 2025

Best reaction

-12.6%

Q3 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.2%+12.0%+17.0%
Q4 2025+3.1%+1.5%+7.4%
Q3 2025+22.1%+21.7%+17.3%
Q2 2025-0.7%-1.3%-4.5%
Q1 2025-7.7%-5.9%+9.6%
Q4 2024-7.6%-6.5%-8.9%
Q3 2024+2.7%+0.8%+5.2%
Q2 2024-3.4%-3.2%-1.4%
Q1 2024-9.2%-9.6%-8.4%
Q4 2023+3.7%+7.2%+10.4%
Q3 2023-9.2%-10.4%-9.2%
Q2 2023+6.5%+6.7%+3.6%
Q1 2023-1.0%-0.2%-2.6%
Q4 2022+4.8%+9.8%+6.8%
Q3 2022+1.3%-0.3%+8.2%
Q2 2022+3.0%+3.4%+14.1%
Q1 2022+1.1%-1.5%-5.3%
Q4 2021-0.7%-1.5%-7.0%
Q3 2021+7.9%+11.3%+13.7%
Q2 2021-0.4%+1.4%+5.0%
Q1 2021+1.8%-0.5%+4.3%
Q4 2020-1.0%-3.5%-3.0%
Q3 2020-12.6%-11.8%-8.9%
Q2 2020+5.0%+2.1%+5.3%
Q1 2020+6.2%+13.3%+4.0%
Q4 2019-3.3%-4.6%-8.1%
Q3 2019+5.5%+5.5%+6.7%
Q2 2019+5.2%+11.6%+4.9%
Q1 2019-6.0%-8.9%-10.4%
Q4 2018+9.4%+7.1%+17.2%
Q3 2018+4.2%+2.1%-3.7%
Q2 2018-0.2%-0.5%-0.4%
Q1 2018+5.7%+6.0%+11.0%
Q4 2017+2.5%+4.1%-0.1%
Q3 2017-6.2%-3.6%-6.0%
Q2 2017+0.2%-0.3%+5.9%
Q1 2017-0.2%+2.0%-6.3%
Q4 2016-3.6%-1.6%+3.1%
Q3 2016-1.3%-2.1%+14.1%
Q2 2016-5.2%-2.3%-3.4%
Q1 2016+3.5%
Q4 2015+3.8%
Q3 2015+3.0%
Q2 2015-1.4%
Q1 2015+4.5%
Q4 2014+1.2%
Q3 2014+3.3%
Q2 2014+5.5%
Q1 2014+4.1%
Q4 2013-3.8%
Q3 2013+0.8%
Q2 2013-0.3%
Q1 2013-3.8%
Q4 2012+6.5%
Q3 2012+6.9%
Q2 2012-6.7%
Q1 2012+2.8%
Q4 2011+1.2%
Q3 2011-2.6%
Q2 2011-0.3%
Q1 2010-1.9%
Q1 2011+0.9%
Q4 2010+2.0%
Q3 2010+0.4%
Q3 2009+0.4%
Q2 2010+1.5%
Q4 2008+1.5%
Q2 2009+1.5%
Q4 2009+1.5%

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