LOWELL, Ark. (AP) — LOWELL, Ark. (AP) — JB Hunt Transport Services Inc. (JBHT) on Wednesday reported second-quarter net income of $181 million.
The Lowell, Arkansas-based company said it had profit of $1.91 per share.
The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.71 per share.
The trucking and logistics company posted revenue of $3.5 billion in the period, also surpassing Street forecasts. Seven analysts surveyed by Zacks expected $3.19 billion.
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