On Thursday, April 15, JB Hunt Transport Servs JBHT will release its latest earnings report. Check out Benzinga's preview to understand the implications.
Net Income, Earnings, And Earnings Per Share
Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.
Earnings And Revenue
Wall Street analysts see JB Hunt Transport Servs reporting earnings of $1.19 per share on revenue of $2.49 billion. JB Hunt Transport Servs reported a profit of $0.98 per share when it published results during the same quarter last year. Sales in that period totaled $2.28 billion.
What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?
Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.
If the company were to match the consensus estimate, earnings would be up 21.43%. Sales would be up 9.16% from the year-ago period. The company's reported EPS has stacked up against analyst estimates in the past like this:
Quarter | Q4 2021 | Q3 2020 | Q2 2020 | Q1 2020 |
---|---|---|---|---|
EPS Estimate | 1.30 | 1.27 | 0.83 | 1.01 |
EPS Actual | 1.44 | 1.18 | 1.14 | 0.98 |
Revenue Estimate | 2.57 B | 2.36 B | 2.01 B | 2.20 B |
Revenue Actual | 2.74 B | 2.47 B | 2.15 B | 2.28 B |
Stock Performance
Shares of JB Hunt Transport Servs were trading at $170.41 as of April 13. Over the last 52-week period, shares are up 63.33%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. JB Hunt Transport Servs is scheduled to hold the call at 17:00:00 ET and can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.