JB Hunt Transport Services (JBHT) Misses Q3 EPS by 9c, Revenues Beat

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J.B. Hunt Transport Services, Inc. Reports Earnings for the Third Quarter 2020

October 16, 2020 7:03 AM EDT

Third Quarter 2020 Revenue: $2.47 billion; up 5% Third Quarter 2020 Operating Income: $175.5 million; up 5% Third Quarter 2020 EPS: $1.18 vs. $1.10

LOWELL, Ark.--(BUSINESS WIRE)-- J.B. Hunt Transport Services, Inc., (NASDAQ: JBHT) announced third quarter 2020 net earnings of $125.5 million, or diluted earnings per share of $1.18 vs. third quarter 2019 net earnings of $118.4 million, or $1.10 cents per diluted share. Included in the third quarter 2019 results were pre-tax charges of $44.2 million or $0.30 per share related to arbitration, including legal and interest charges.

Total operating revenue for the current quarter was $2.47... More