J.B. Hunt Transport Services, Inc. Reports U.S. GAAP Revenues, Net Earnings and Earnings Per Share for the First Quarter 2024
J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) announced first quarter 2024 U.S. GAAP (United States Generally Accepted Accounting Principles) net earnings of $127.5 million, or diluted earnings per share of $1.22 versus first quarter 2023 net earnings of $197.8 million, or $1.89 per diluted share.
- J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) announced first quarter 2024 U.S. GAAP (United States Generally Accepted Accounting Principles) net earnings of $127.5 million, or diluted earnings per share of $1.22 versus first quarter 2023 net earnings of $197.8 million, or $1.89 per diluted share.
- Operating income for the current quarter decreased 30% to $194.4 million versus $277.5 million for the first quarter 2023.
- First Quarter 2024 Segment Revenue: $1.40 billion; down 9%
First Quarter 2024 Operating Income: $101.9 million; down 40%
Intermodal volume was flat versus the same period in 2023. - Our net capital expenditures for the first quarter 2024 approximated $166 million compared to $380 million for the first quarter 2023.