J.B.Hunt Q2 2022 Earnings Report
Key Takeaways
J.B. Hunt reported a strong second quarter with a 32% increase in total operating revenue, reaching $3.84 billion. Net earnings rose to $255.3 million, or $2.42 per diluted share, compared to $172.2 million, or $1.61 per diluted share in Q2 2021. The growth was fueled by volume increases and revenue per load, particularly in the Intermodal and Dedicated Contract Services segments.
Total operating revenue increased by 32% year-over-year, reaching $3.84 billion.
Net earnings increased to $255.3 million, or $2.42 per diluted share, compared to $172.2 million, or $1.61 per diluted share in Q2 2021.
Intermodal revenue grew by 42%, driven by an 8% increase in volume and a 32% increase in revenue per load.
Dedicated Contract Services revenue increased by 39%, with a 21% increase in average revenue producing trucks and a 14% improvement in fleet productivity.
J.B.Hunt
J.B.Hunt
J.B.Hunt Revenue by Segment
Forward Guidance
The company did not provide specific forward guidance in this report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income