NASDAQ$JBHT

J.B.Hunt Transport Services Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

J.B. Hunt reported strong Q2 2021 earnings driven by double-digit revenue growth across all segments and increased volumes.

J.B. Hunt reported a strong second quarter with a 36% increase in total operating revenue to $2.91 billion and net earnings of $172.2 million, or $1.61 per diluted share, compared to $121.7 million, or $1.14 per diluted share in Q2 2020. All segments contributed to the revenue growth, with ICS and Truckload leading the way with 100% and 70% growth respectively.

  • Total operating revenue increased by 36% compared to Q2 2020, reaching $2.91 billion.
  • Net earnings rose to $172.2 million, or $1.61 per diluted share, compared to $121.7 million, or $1.14 per diluted share in Q2 2020.
  • Integrated Capacity Solutions (ICS) and Truckload (JBT) segments experienced substantial revenue growth of 100% and 70% respectively.
  • The company's Marketplace for J.B. Hunt 360 facilitated $500 million in freight transactions during the quarter, with ICS revenue on the platform increasing by 73% to $396 million.

Headline financials

Total Revenue

$2.91B

Previous: $2.15B+35.6%
EPS (adj)

$1.61

Previous: $1.14+41.2%
Intermodal Loads

6

No prior period
Dedicated Rev/Truck/Week

$11.00

No prior period
Final Mile Stops

59

No prior period
Truckload Rev/Load

$58.00

No prior period
Capital Expenditures

-$307M

Previous: -$342M+10.4%
Free Cash Flow

-$135M

Previous: -$221M+39.0%
Net Income

$172M

Previous: $122M+41.5%
Operating Income

$242M

Previous: $175M+37.9%
Gross Profit

-$185M

Previous: -$128M-44.8%
Cash & Equivalents

$571M

Previous: $275M+107.9%
Total Assets

$6.32B

Previous: $5.55B+13.9%
Stock-Based Comp

$16.5M

Previous: $16M+3.1%

Revenue & EPS history

J.B.Hunt · Revenue · Quarterly

$2.91B

Q2 2021+35.6%vs Q2 2020
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Revenue by segment

J.B.Hunt · $2.85B total across 5 segments · Q2 2021

  • Intermodal
    $1.2B
  • Dedicated Contract Services
    $639M
  • Integrated Capacity Solutions
    $427M
  • Truckload
    $368M
  • Final Mile Services
    $217M

Forward guidance

The press release contains forward-looking statements based on current information. Actual results may differ due to various factors discussed in the company's Annual Report on Form 10-K for the year ended December 31, 2020.

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 Q2 2021

Historical avgQ2 2021

+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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