J.B. Hunt Transport Services' (JBHT) board of directors has approved a new share repurchase plan. As part of the program, which has no expiration date, $1 billion worth of shares are authorized for buyback. This new program will commence after the existing $500 million share repurchase plan is completed. The existing buyback plan was announced in July 2022. Under this existing program, the transportation company repurchased shares worth $228.3 million in the first six months of 2024. Details regarding the n ...

J. B. Hunt Transport Services (JBHT) is a Zacks Rank #5 (Strong Sell) as earnings estimates have tracked lower following a earnings miss in July. The company is one of the largest provider of transportation services. This article will look at why this stock is a Zacks Rank #5 (Strong Sell) as it is the Bear of the Day. Description J.B. Hunt Transport Services, Inc. engages in the provision of logistics solutions. It operates through the following segments: Intermodal (JBI), Dedicated Contract Services (DCS) ...

J.B. Hunt Transport Services, Inc.(JBHT) continues to grapple with weakness across the majority of its business segments. JBHT reported second-quarter 2024 revenues of $2.93 billion, which missed the Zacks Consensus Estimate of $3.03 billion and fell 7% year over year. Total operating revenues, excluding fuel surcharge revenue, fell 6% year over year. The downfall was owing to a 5% decrease in gross revenue per load in Intermodal (JBI) and a decline in load volume of 25% in Integrated Capacity Solutions (IC ...

财务表现 - 总营业收入为29.29亿美元，同比下降7%[82] - 总营业收入下降6.5%[90] - 总营业费用下降4.9%[90] - 营业利润下降24.0%[90] - 总体营业利润下降24%至2.057亿美元[81] 分部业务表现 - JBI分部营业收入下降5%至14.08亿美元，主要由于需求疲软、东部网络面临卡车竞争以及公司采取谨慎的市场策略[83] - DCS分部营业收入下降4%至8.51亿美元，主要由于生产效率下降、设备利用率降低和新客户启动成本增加[84] - ICS分部营业收入下降21%至2.70亿美元，主要由于业务量下降25%，尽管单票收益上升5%[85] - FMS分部营业收入增长5%至2.35亿美元，主要由于新客户合同的增加[86] - JBT分部营业收入下降12%至1.68亿美元，主要由于业务量和单票收益下降[87] 成本管理 - 租金和外包运输成本下降9.3%[91] - 工资、薪酬和员工福利成本下降2.3%[92] - 折旧和摊销费用增加2.6%[93] - 燃料成本下降4.4%[93] - 营业费用和管理费用增加21.5%[94] - 保险和赔付费用增加14.6%[94] - 公司采取了成本管理措施以应对营收下滑[87] 财务状况 - 净利息费用增加38.3%[95] - 净利息费用增加22.0%,主要由于债务利率上升和平均债务余额增加[111] - 2024年上半年经营活动产生的现金流量净额为8.27亿美元,较2023年同期下降[112] - 公司拥有15亿美元的授信额度,包括10亿美元的5年期循环信贷和5亿美元的定期贷款[114] - 2024年全年预计资本支出在6.5亿美元到7亿美元之间[117] 业务整合与优化 - 公司正在整合BNSF Logistics LLC的经纪业务资产[85] - 公司正在努力提高收益质量并优化客户组合[86] 风险因素 - 公司面临行业和业务相关的多方面风险,包括经济环境、监管、人才等[120-128] - 利率上升每增加1个百分点将减少公司税前利润790万美元[129] 内部控制 - 公司已建立有效的内部控制和信息披露机制[132-133]

Justin Paget/DigitalVision via Getty Images J.B. Hunt is finding itself in a unique position as the macroeconomic data appears relatively mixed. On the one hand, June ISM-PMIs are flashing contractionary territory as business activity, new orders, backlogs, and inventories fall into sharp decline. I believe the silver lining here is that inventories have been drastically drawn down in an attempt to right-size businesses, and that replenishment will inevitably occur. Though this is a more optimistic outlook, ...

At last glance, JBHT was down 7.2% at $163.31, looking to snap a five-day win streak. That small rally further removed the stock from its June 14, three-year low of $153.12, though it's still down 18.3% this year. J.B. Hunt Transport Services Inc (NASDAQ:JBHT) stock is slipping today following the ground freight and logistics company's disappointing second-quarter results, with profits falling 24% due to industry headwinds. Plenty of analysts adjusted their price targets after the event, including a hike fr ...

Quarterly earnings of $1.32 per share missed the Zacks Consensus Estimate of $1.51 and declined 27% year over year. Operating income for the reported quarter fell 24% year over year to $205.7 million. The downside was owing to lower revenues and higher insurance and claims, equipment-related, and certain personnel-related expenses. Segmental Highlights Transcontinental network loads increased 4% year over year, while eastern network loads decreased 7%. Dedicated Contract Services segment revenues fell 4% fr ...

财务数据和关键指标变化 - 公司第二季度收入同比下降7%,营业利润同比下降24%,每股收益同比下降27% [13] - 税率略有上升至26.8%,但预计全年税率将在24%-25%之间 [13] - 公司持续专注于成本管理,预计全年资本支出将在650-700百万美元之间,低于之前预期 [15] 各条业务线数据和关键指标变化 - Intermodal业务收入和利润受到市场价格压力的影响,同比下降 [24][27] - Dedicated业务保持强劲表现,新增合同销售325辆卡车,全年车队规模预计将保持平稳 [21] - Final Mile业务持续改善盈利能力,第二季度包含1.1百万美元的一次性收益 [22] - ICS业务收入和利润同比下降,主要受到市场竞争和整合BNSF Logistics业务的影响 [30] - JBT业务收入和利润同比下降,保持了价格纪律但牺牲了部分业务量 [31][32] 各个市场数据和关键指标变化 - 公司看到从南加州出发的Intermodal业务量同比增长两位数 [25][26] - 东部地区Intermodal业务量同比下降7%,但跨陆线业务量同比增长4% [24][25] 公司战略和发展方向及行业竞争 - 公司继续专注于长期投资,包括人员、技术和运力,为未来发展做好准备 [8][9] - 公司在安全、服务水平和创新方面保持领先地位,获得客户多项奖项 [10] - 公司保持谨慎乐观,认为行业已接近拐点,但仍需更多客户需求信息支持 [72][75] - 公司在Intermodal、Dedicated和Final Mile等业务保持竞争优势,但ICS和JBT业务面临挑战 [30][31] 管理层对经营环境和未来前景的评论 - 管理层认为当前市场环境仍具有挑战性,但公司将保持长期战略定力 [8][9][72] - 公司看到客户需求正在回归正常季节性模式,这给予管理层一定信心 [16][35][69] - 管理层对公司的服务水平、安全绩效和员工团队充满信心,这将支撑未来发展 [7][10][81] 其他重要信息 - 公司完成收购沃尔玛的Intermodal资产,增加了运力并提升了长期增长潜力 [11] - 公司持续加强技术投入,提高生产效率和安全性,应对行业面临的网络安全挑战 [33] 问答环节重要的提问和回答 问题1 **分析师提问** 询问Intermodal业务的需求和价格趋势 [35][39] **公司回应** Intermodal业务价格压力持续,但公司有信心通过提升运量和提高效率来改善利润 [40][46] 问题2 **分析师提问** 询问Dedicated业务的成本压力和前景 [49] **公司回应** Dedicated业务面临一定竞争,但公司保持谨慎承接新业务,预计全年车队规模将保持平稳 [50][51] 问题3 **分析师提问** 询问公司在当前市场环境下的应对策略和未来发展前景 [71][72] **公司回应** 公司将继续专注长期发展战略,通过提升服务水平、控制成本和创造客户价值来应对当前挑战,并对未来保持谨慎乐观 [72][75][81]

JB Hunt (JBHT) reported $2.93 billion in revenue for the quarter ended June 2024, representing a year-overyear decline of 6.5%. EPS of $1.32 for the same period compares to $1.81 a year ago. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Intermodal - Trailing equipment (end of ...

This quarterly report represents an earnings surprise of -12.58%. A quarter ago, it was expected that this trucking and logistics company would post earnings of $1.53 per share when it actually produced earnings of $1.22, delivering a surprise of -20.26%. JB Hunt, which belongs to the Zacks Transportation - Truck industry, posted revenues of $2.93 billion for the quarter ended June 2024, missing the Zacks Consensus Estimate by 3.53%. This compares to year-ago revenues of $3.13 billion. The company has toppe ...