J.B. Hunt reported $3.50B in Q2 revenue, surpassing estimates as load volumes climbed across key segments.
J.B. Hunt Transport Services (JBHT) shares climbed in after-hours trading after reporting a 19% year-over-year increase in fiscal second-quarter operating revenue to $3.50B. The company exceeded consensus estimates, driven by higher load volumes in Intermodal, Integrated Capacity Solutions, and other divisions.
Excluding fuel surcharge revenue, the growth reflected stronger demand in freight and logistics services. The prior-year period saw revenue of $2.94B, with analysts expecting a modest uptick amid supply chain stabilization.
The earnings beat triggered a positive market response, with JBHT gaining in extended trading.