J.B.Hunt Q3 2024 Earnings Report
Key Takeaways
J.B. Hunt reported a decrease in net earnings and diluted earnings per share for Q3 2024 compared to Q3 2023. Total operating revenue also decreased, driven by declines in revenue per load and load volume in multiple segments. Operating income decreased due to lower revenue and higher expenses.
Net earnings decreased to $152.1 million, or $1.49 per diluted share, compared to $187.4 million, or $1.80 per diluted share, in Q3 2023.
Total operating revenue decreased by 3% to $3.07 billion.
Operating income decreased by 7% to $224.1 million.
Intermodal volume increased by 5%, with growth in both transcontinental and eastern networks.
J.B.Hunt
J.B.Hunt
J.B.Hunt Revenue by Segment
Forward Guidance
The press release contains forward-looking statements based on current information, and actual results may differ materially due to various factors.
Revenue & Expenses
Visualization of income flow from segment revenue to net income