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J.B. Hunt reports Q4 EPS $1.92, consensus $2.46
The Fly

J.B. Hunt reports Q4 EPS $1.92, consensus $2.46

Reports Q4 revenue $3.65B, consensus $3.84B. The company said, "Total operating revenue for the current quarter was $3.65 billion, compared with $3.50 billion for the fourth quarter 2021, an increase of 4%. Current quarter total operating revenue, excluding fuel surcharge revenue, decreased approximately 3% versus the comparable quarter 2021. This decrease was primarily driven by a 27% decline in volume in Integrated Capacity Solutions and a 1% decline in volume in Intermodal. Revenue, excluding fuel surcharge revenue, performance was positively offset by a 14% increase in average revenue producing trucks and a 3% increase in fleet productivity in Dedicated Contract Services, a 6% increase in revenue per load in JBI, an increase in Final Mile Services revenue driven primarily by our recent acquisition, and a 6% increase in loads in Truckload driven primarily by our J.B. Hunt 360box service offering. "

Published first on TheFly

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