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J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT ) Q1 2024 Earnings Conference Call April 16, 2024 5:00 PM ET Company Participants Brad Delco - Senior Vice President of Finance John Roberts - Chief Executive Officer Shelley Simpson - President John Kuhlow - Chief Financial Officer Nick Hobbs - Chief Operations Officer & President of Contract Services Darren Field - President of Intermodal Brad Hicks - Executive Vice President of People & President of Highway Services Conference Call Participants Jason Seidl - TD Cowen Ken Hoexter - Bank of America Brian Ossenbeck - JPMorgan Ravi Shanker - Morgan Stanley Justin Long - Stephens Tom Wadewitz - UBS Bascome Majors - Susquehanna Scott Group - Wolfe Research Jordan Alliger - Goldman Sachs Amit Mehrotra - Deutsche Bank Jonathan Chappell - Evercore ISI Brandon Oglenski - Barclays David Vernon - Bernstein Jeff Kauffman - Vertical Research Partners Operator Good day and welcome to the J.B. Hunt Transport Services, Inc. First Quarter 2024 Earnings

While the top- and bottom-line numbers for JB Hunt (JBHT) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

JB Hunt (JBHT) came out with quarterly earnings of $1.22 per share, missing the Zacks Consensus Estimate of $1.53 per share. This compares to earnings of $1.89 per share a year ago.

United Airlines (UAL) 1Q adjusted EPS came in at -$0.15 versus an estimated -$0.53 and its revenue came in at $12.50B versus an estimated $12.43B. United Airlines updated its fleet plan and a more consistent delivery schedule.

Shares of J.B. Hunt Transport Services Inc. fell 6% in the extended session Tuesday after the transportation company reported drops in its quarterly profit and revenue after weaker demand.

J.B. Hunt's (JBHT) first-quarter 2024 revenues are expected to have been weighed down by weakness across most of its segments. Higher net interest expense might have hurt the bottom line.

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for JB Hunt (JBHT), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2024.

Lower revenues across segments and higher net interest expense are likely to weigh on J.B. Hunt's (JBHT) bottom line.

JB Hunt (JBHT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

While shareholder-friendly measures look encouraging for J.B. Hunt (JBHT), lower revenues across segments and higher net interest expenses are likely to weigh on its bottom line.