JB Hunt: 4Q Earnings Snapshot

| January 17, 2020 4:35 AM

LOWELL, Ark. (AP) _ JB Hunt Transport Services Inc. (JBHT) on Friday reported fourth-quarter net income of $144.7 million.

The Lowell, Arkansas-based company said it had net income of $1.35 per share.

The results fell short of Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.52 per share.

The trucking and logistics company posted revenue of $2.45 billion in the period, which matched Street forecasts.

For the year, the company reported profit of $516.3 million, or $4.75 per share. Revenue was reported as $9.17 billion.

JB Hunt shares have climbed nearly 3% since the beginning of the year. The stock has increased 24% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JBHT at https://www.zacks.com/ap/JBHT