QQQN - Why J.B. Hunt Transport Shares Are Diving Today | Benzinga
J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) shares are trading lower after the company reported first-quarter 2024 results.
Operating revenue fell 9% Y/Y to $2.94 billion, missing the consensus of $3.12 billion.
The decline in revenue was due to a 9% decrease in segment gross revenue per load in both Intermodal (JBI) and Truckload (JBT), 22% fewer loads in Integrated Capacity Solutions (ICS), and a modest decline in average trucks and ...