J.B. Hunt Transport Services reported headline earnings per share of $1.53 Thursday after the market closed. The result included $16 million of intangible asset impairments, or about a 13-cent-per-share headwind at the recent quarter tax rate. The consensus estimate for the period was $1.62 per share.
Click for full report – “J.B. Hunt’s record intermodal loads came with higher costs in Q4”
Consolidated revenue fell 5% year over year to $3.15 billion. Adjusted operating income of $223 million was 13% lower y/y.
J.B. Hunt (NASDAQ: JBHT) will host a call at 5 p.m. EST on Thursday to discuss fourth-quarter results.
