JB Hunt Transport Services Inc. Reports Climb In Q2 Profit, Beats estimates

JB Hunt Transport Services Inc. (JBHT) reported earnings for its second quarter that increased from the same period last year and beat the Street estimates.

The company's earnings totaled $255.34 million, or $2.42 per share. This compares with $172.16 million, or $1.61 per share, in last year's second quarter.

Analysts on average had expected the company to earn $2.31 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 32.0% to $3.84 billion from $2.91 billion last year.

JB Hunt Transport Services Inc. earnings at a glance (GAAP) :

-Earnings (Q2): $255.34 Mln. vs. $172.16 Mln. last year.
-EPS (Q2): $2.42 vs. $1.61 last year.
-Analyst Estimate: $2.31
-Revenue (Q2): $3.84 Bln vs. $2.91 Bln last year.

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