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JB Hunt: Q1 Earnings Snapshot

April 15, 2021 GMT

LOWELL, Ark. (AP) _ JB Hunt Transport Services Inc. (JBHT) on Thursday reported first-quarter profit of $146.6 million.

On a per-share basis, the Lowell, Arkansas-based company said it had profit of $1.37.

The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.18 per share.

The trucking and logistics company posted revenue of $2.62 billion in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $2.49 billion.

JB Hunt shares have increased 24% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $169.90, a rise of 69% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JBHT at https://www.zacks.com/ap/JBHT