LOWELL, Ark. (AP) — LOWELL, Ark. (AP) — JB Hunt Transport Services Inc. (JBHT) on Tuesday reported third-quarter net income of $152.1 million.
On a per-share basis, the Lowell, Arkansas-based company said it had profit of $1.49.
The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.42 per share.
The trucking and logistics company posted revenue of $3.07 billion in the period, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $3.04 billion.
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