J.B. Hunt Transport Services (JBHT) Misses Q2 EPS by 11c

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

July 18, 2023 4:05 PM EDT

Second Quarter 2023 Revenue: $3.13 billion; down 18% Second Quarter 2023 Operating Income: $270.7 million; down 23% Second Quarter 2023 EPS: $1.81 vs. $2.42; down 25%

LOWELL, Ark.--(BUSINESS WIRE)-- J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) announced second quarter 2023 U.S. GAAP (United States Generally Accepted Accounting Principles) net earnings of $189.6 million, or diluted earnings per share of $1.81 versus second quarter 2022 net earnings of $255.3 million, or $2.42 per diluted share.

Total operating revenue for the current quarter was $3.13 billion, compared with $3.84 billion for the second quarter 2022, a... More