NASDAQ$JBHT

J.B.Hunt Transport Services Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

J.B. Hunt's performance decreased due to declines in revenue across most segments, increased expenses, and a higher tax rate.

J.B. Hunt reported a decrease in net earnings and diluted earnings per share for Q3 2024 compared to Q3 2023. Total operating revenue also decreased, driven by declines in revenue per load and load volume in multiple segments. Operating income decreased due to lower revenue and higher expenses.

  • Net earnings decreased to $152.1 million, or $1.49 per diluted share, compared to $187.4 million, or $1.80 per diluted share, in Q3 2023.
  • Total operating revenue decreased by 3% to $3.07 billion.
  • Operating income decreased by 7% to $224.1 million.
  • Intermodal volume increased by 5%, with growth in both transcontinental and eastern networks.

Headline financials

Total Revenue

$3.07B

Previous: $3.16B-3.0%
EPS (adj)

$1.49

Previous: $1.80-17.2%
Capital Expenditures

-$641M

Previous: -$1.56B+58.9%
Free Cash Flow

-$489M

Previous: -$1.37B+64.3%
Net Income

$152M

Previous: $187M-18.9%
Operating Income

$224M

Previous: $242M-7.3%
Gross Profit

-$266M

Previous: -$288M+7.5%
Cash & Equivalents

$120M

Previous: $75.2M+59.6%
Total Assets

$8.33B

Previous: $8.37B-0.6%
Stock-Based Comp

$19.8M

Previous: $20.7M-4.2%

Revenue & EPS history

J.B.Hunt · Revenue · Quarterly

$3.07B

Q3 2024-3%vs Q3 2023
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Revenue by segment

J.B.Hunt · $2.86B total across 5 segments · Q3 2023

  • Intermodal
    $1.28B-20.0%
  • Dedicated Contract Services
    $862M-8.1%
  • Integrated Capacity Solutions
    $350M-31.1%
  • Final Mile Services
    $186M+17.3%
  • Truckload
    $179M+21.4%

Forward guidance

The press release contains forward-looking statements based on current information, and actual results may differ materially due to various factors.

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 Q3 2024

Historical avgQ3 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

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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