JB Hunt Transport Services Inc. (JBHT) released earnings for its fourth quarter that increased from last year and beat the Street estimates.
The company's earnings came in at $242.21 million, or $2.28 per share. This compares with $154.01 million, or $1.44 per share, in last year's fourth quarter.
Analysts on average had expected the company to earn $2.02 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 27.7% to $3.50 billion from $2.74 billion last year.
JB Hunt Transport Services Inc. earnings at a glance:
-Earnings (Q4): $242.21 Mln. vs. $154.01 Mln. last year.
-EPS (Q4): $2.28 vs. $1.44 last year.
-Analyst Estimate: $2.02
-Revenue (Q4): $3.50 Bln vs. $2.74 Bln last year.
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