JB Hunt Earnings, Revenue Beat in Q1 By Investing.com

By Yasin Ebrahim

JB Hunt (NASDAQ:JBHT) reported Thursday first-quarter earnings and revenue that topped expectations even as the cold snap led to disruptions during the quarter.

JB Hunt announced earnings per share of $1.37 on revenue of $2.62B. Analysts polled by Investing.com anticipated EPS of $1.22 on revenue of $2.51B.

Integrated capacity solutions and truck grew revenue 56% and 43%, respectively, as both segments were able to secure capacity for customers, despite weather-related disruptions in the quarter.

Total freight transactions in the Marketplace for J.B. Hunt 360 increased to $443 million in the first quarter 2021 compared to $294 million in the prior year quarter.

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