LOWELL, Ark. (AP) — LOWELL, Ark. (AP) — JB Hunt Transport Services Inc. (JBHT) on Thursday reported fourth-quarter profit of $181.1 million.
On a per-share basis, the Lowell, Arkansas-based company said it had profit of $1.90.
The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.81 per share.
The trucking and logistics company posted revenue of $3.1 billion in the period, which did not meet Street forecasts. Seven analysts surveyed by Zacks expected $3.13 billion.
For the year, the company reported profit of $598.3 million, or $6.12 per share. Revenue was reported as $12 billion.
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