J.B. Hunt reports Q3 EPS $1.80, consensus $1.83

Reports Q3 revenue $3.16B, consensus $3.19B. The company states: “Current quarter total operating revenue, excluding fuel surcharge revenue, decreased 15% versus the comparable quarter 2022. This decrease was primarily driven by a 14% and 22% decrease in Intermodal (JBI) and Truckload (JBT) revenue per load (excluding fuel surcharge revenue) respectively, a 38% decrease in volume in Integrated Capacity Solutions (ICS), a 20% decrease in stops in Final Miles Services(R) (FMS), and a 1% decline in average revenue producing trucks in Dedicated Contract Services(R) (DCS(R)), partially offset by a 1% increase in JBI volumes and a 6% increase in JBT loads versus the prior-year period.”