LOWELL, Ark. (AP) — LOWELL, Ark. (AP) — JB Hunt Transport Services Inc. (JBHT) on Thursday reported third-quarter net income of $172.4 million.
On a per-share basis, the Lowell, Arkansas-based company said it had net income of $1.82.
The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.81 per share.
The trucking and logistics company posted revenue of $3.68 billion in the period, which also beat Street forecasts. Seven analysts surveyed by Zacks expected $3.56 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JBHT at https://www.zacks.com/ap/JBHT