NASDAQ$JBHT
J.B.Hunt Transport Services Inc · Q1 2023 earnings
Q1 2023 earnings · · Investor relations
Briefing
J.B. Hunt's performance declined due to volume decreases in ICS, Intermodal, and Final Mile Services, as well as a drop in Truckload revenue per load, partially offset by growth in Dedicated Contract Services.
J.B. Hunt Transport Services, Inc. reported a decrease in U.S. GAAP net earnings for Q1 2023 to $197.8 million, or $1.89 per diluted share, compared to $243.3 million, or $2.29 per diluted share in Q1 2022. Total operating revenue decreased by 7% to $3.23 billion. The decline was primarily driven by volume decreases in ICS, Intermodal, and Final Mile Services, as well as a decline in revenue per load in Truckload. This was partially offset by revenue growth in Dedicated Contract Services.
- Total operating revenue decreased by 7% compared to Q1 2022.
- Net earnings decreased to $197.8 million, or $1.89 per diluted share.
- Dedicated Contract Services revenue increased by 13%, driven by a 7% increase in average revenue producing trucks.
- Operating income decreased by 17% due to lower volumes and pressure on customer rate and cost recovery efforts.
Headline financials
Revenue & EPS history
J.B.Hunt · Revenue · Quarterly
$3.23B
Revenue by segment
J.B.Hunt · $3.25B total across 5 segments · Q1 2023
- Intermodal$1.23B-5.3%37.8%
- Dedicated Contract Services$883M+3.6%27.1%
- Truckload$585M+38.5%18.0%
- Integrated Capacity Solutions$347M-48.5%10.7%
- Final Mile Services$208M-14.0%6.4%
Forward guidance
The press release contains forward-looking statements based on current information. Actual results may differ due to various factors outlined in the company's Annual Report on Form 10-K.
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 2023
+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
| Quarter | Report date | Reaction (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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