J.B. Hunt Shares Higher On Mixed Q2 Earnings

J B Hunt Transport Services Inc JBHT shares are moving Monday afternoon after reporting a mixed second-quarter earnings print.

Second-quarter earnings came in at $1.23 per share, missing estimates by 13 cents. Sales came in at $2.262 billion, beating estimates by $20 million.

Other Highlights

• Revenues up 6%
• Operating income down 10%
• 1.98 million shares repurchased for $190 million

J B Hunt's stock closed Monday's regular session at $92.58.

Shares traded lower by nearly 3% immediately following the release. At time of publication, however, shares traded higher by 1.9% at $94.34 in the after-hours session.

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