In This Article:
J.B. Hunt Transport Services (NASDAQ:JBHT) Full Year 2024 Results
Key Financial Results
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Revenue: US$12.1b (down 5.8% from FY 2023).
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Net income: US$570.9m (down 22% from FY 2023).
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Profit margin: 4.7% (down from 5.7% in FY 2023). The decrease in margin was driven by lower revenue.
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EPS: US$5.60 (down from US$7.04 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
J.B. Hunt Transport Services EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.0%.
The primary driver behind last 12 months revenue was the Intermodal (JBI) segment contributing a total revenue of US$5.96b (49% of total revenue). Notably, cost of sales worth US$9.80b amounted to 81% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Depreciation & Amortisation (D&A) costs, amounting to US$761.1m (44% of total expenses). Explore how JBHT's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Transportation industry in the US.
Performance of the American Transportation industry.
The company's shares are down 1.3% from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on J.B. Hunt Transport Services' balance sheet health.
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