J.B. Hunt Transport Services Beats on Both Top and Bottom Lines

J.B. Hunt Transport Services (NAS: JBHT) reported earnings on April 12. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), J.B. Hunt Transport Services beat expectations on both revenue and earnings per share.

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


Margins improved across the board.

Revenue details
J.B. Hunt Transport Services reported revenue of $1.17 billion. The 19 analysts polled by S&P Capital IQ expected revenue of $1.15 billion on the same basis. GAAP reported sales were 17% higher than the prior-year quarter's $1 billion.

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Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.57. The 25 earnings estimates compiled by S&P Capital IQ predicted $0.51 per share. GAAP EPS of $0.57 for Q1 were 43% higher than the prior-year quarter's $0.40 per share.

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Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 16.7%, 30 basis points better than the prior-year quarter. Operating margin was 10%, 100 basis points better than the prior-year quarter. Net margin was 5.8%, 80 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $1.3 billion. On the bottom line, the average EPS estimate is $0.65.

Next year's average estimate for revenue is $5.13 billion. The average EPS estimate is $2.58.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 147 members rating the stock outperform and 49 members rating it underperform. Among 54 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 41 give J.B. Hunt Transport Services a green thumbs-up, and 13 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on J.B. Hunt Transport Services is outperform, with an average price target of $54.24.

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 of Motley 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.

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