J.B. Hunt Transport Services Full Year 2024 Earnings: EPS Misses Expectations

J.B. Hunt Transport Services (NASDAQ:JBHT) Full Year 2024 Results

Key Financial Results

• Revenue: US$12.1b (down 5.8% from FY 2023).
• Net income: US$570.9m (down 22% from FY 2023).
• Profit margin: 4.7% (down from 5.7% in FY 2023). The decrease in margin was driven by lower revenue.
• EPS: US$5.56 (down from US$7.04 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

J.B. Hunt Transport Services EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.0%.

The primary driver behind last 12 months revenue was the Intermodal (JBI) segment contributing a total revenue of US$5.96b (49% of total revenue). Notably, cost of sales worth US$9.80b amounted to 81% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Depreciation & Amortisation (D&A) costs, amounting to US$761.1m (44% of total expenses). Explore how JBHT's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Transportation industry in the US.

Performance of the American Transportation industry.

The company's shares are down 1.1% from a week ago.

Risk Analysis

You still need to take note of risks, for example - J.B. Hunt Transport Services has 1 warning sign we think you should be aware of.

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