J.B.Hunt Q3 2021 Earnings Report
Key Takeaways
J.B. Hunt announced Q3 2021 net earnings of $199.8 million, or $1.88 diluted earnings per share, compared to Q3 2020 net earnings of $125.5 million, or $1.18 per diluted share. Total operating revenue for the quarter was $3.14 billion, a 27% increase compared to $2.47 billion for the third quarter 2020.
Total operating revenue increased by 27% compared to Q3 2020, reaching $3.14 billion.
Net earnings rose to $199.8 million, with diluted earnings per share at $1.88.
Truckload (JBT) and Integrated Capacity Solutions (ICS) revenue grew significantly, at 87% and 55% year-over-year, respectively.
Intermodal (JBI) revenue increased by 17%, driven by a 24% increase in revenue per load.
J.B.Hunt
J.B.Hunt
J.B.Hunt Revenue by Segment
Forward Guidance
This press release may contain forward-looking statements, which are based on information currently available. Actual results may differ materially from those currently anticipated due to a number of factors, including, but not limited to, those discussed in Item 1A of our Annual Report filed on Form 10-K for the year ended December 31, 2020 and Quarterly Report filed on Form 10-Q for the period ended June 30, 2021. We assume no obligation to update any forward-looking statement to the extent we become aware that it will not be achieved for any reason.
Revenue & Expenses
Visualization of income flow from segment revenue to net income