J.B. Hunt Transport Services (JBHT) Misses Q1 EPS by 15c

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J.B. Hunt Transport Services, Inc. Reports U.S. GAAP Revenues, Net Earnings and Earnings Per Share for the First Quarter 2023

April 17, 2023 4:05 PM EDT

First Quarter 2023 Revenue: $3.23 billion; down 7% First Quarter 2023 Operating Income: $277.5 million; down 17% First Quarter 2023 EPS: $1.89 vs. $2.29; down 18%

LOWELL, Ark.--(BUSINESS WIRE)-- J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) announced first quarter 2023 U.S. GAAP (United States Generally Accepted Accounting Principles) net earnings of $197.8 million, or diluted earnings per share of $1.89 versus first quarter 2022 net earnings of $243.3 million, or $2.29 per diluted share.

Total operating revenue for the current quarter was $3.23 billion compared with $3.49 billion for the first quarter 2022, a decrease of... More