JB Hunt Transport Services Has a Blowout Quarter

JB Hunt Transport Services (NAS: JBHT) reported earnings on Jan. 26. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q4), JB Hunt Transport Services beat slightly on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue improved significantly, and GAAP earnings per share expanded significantly.

Gross margins dropped, operating margins expanded, net margins increased.

Revenue details
JB Hunt Transport Services reported revenue of $1.20 billion. The 20 analysts polled by S&P Capital IQ expected to see revenue of $1.19 billion. Sales were 18% higher than the prior-year quarter's $1.02 billion.


Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.

EPS details
Non-GAAP EPS came in at $0.63. The 27 earnings estimates compiled by S&P Capital IQ anticipated $0.58 per share on the same basis. GAAP EPS of $0.57 for Q4 were 32% higher than the prior-year quarter's $0.46 per share.


Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 17.1%, 20 basis points worse than the prior-year quarter. Operating margin was 10.1%, 60 basis points better than the prior-year quarter. Net margin was 6%, 30 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $1.14 billion. On the bottom line, the average EPS estimate is $0.51.

Next year's average estimate for revenue is $5.06 billion. The average EPS estimate is $2.50.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 143 members out of 195 rating the stock outperform, and 53 members rating it underperform. Among 57 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 42 give JB Hunt Transport Services a green thumbs-up, and 15 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on JB Hunt Transport Services is outperform, with an average price target of $48.00.

At the time this article was published Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Can't get enough business news?

Sign up for Finance Report by AOL and get everything from retailer news to the latest IPOs delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.