NASDAQ$JBHT
J.B.Hunt Transport Services Inc · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
J.B. Hunt reported a decrease in revenue and earnings per share for Q1 2024 due to lower volumes and yield pressure in Intermodal, Integrated Capacity Solutions, and Truckload segments.
J.B. Hunt's Q1 2024 net earnings were $127.5 million, or $1.22 per diluted share, compared to $197.8 million, or $1.89 per diluted share, in Q1 2023. Total operating revenue decreased by 9% to $2.94 billion. The decline was primarily driven by lower segment gross revenue per load in Intermodal and Truckload, fewer loads in Integrated Capacity Solutions, and a modest decline in average trucks and productivity in Dedicated Contract Services.
- Total operating revenue decreased by 9% year-over-year, primarily due to declines in Intermodal, Truckload, and Integrated Capacity Solutions segments.
- Net earnings decreased to $127.5 million, or $1.22 per diluted share, compared to $197.8 million, or $1.89 per diluted share in the prior year.
- Intermodal volume was flat, with transcontinental network loads increasing but eastern network loads decreasing.
- Dedicated Contract Services revenue decreased by 2% due to a decline in average trucks and productivity.
Headline financials
Revenue & EPS history
J.B.Hunt · Revenue · Quarterly
$2.94B
Revenue by segment
J.B.Hunt · $2.86B total across 5 segments · Q3 2023
- Intermodal$1.28B-20.0%44.8%
- Dedicated Contract Services$862M-8.1%30.2%
- Integrated Capacity Solutions$350M-31.1%12.3%
- Final Mile Services$186M+17.3%6.5%
- Truckload$179M+21.4%6.3%
Forward guidance
The company did not provide specific forward guidance in this earnings report.
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 2024
+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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