JB Hunt Surges 22% Following Strong Q3 Earnings

Reported 3 days ago

JB Hunt Transport Services, Inc. (NASDAQ:JBHT) saw its stock price soar by 22.14% to $169.57 after reporting a 12.37% increase in net income for Q3, reaching $170.8 million compared to $152 million last year. Despite stable revenues at $3.05 billion, the company faced challenges with a decline in load volume and revenue per load. JB Hunt credits its workforce for the strong performance and remains committed to its long-term strategies for operational excellence and cost savings.

Source: YAHOO

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