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JB Hunt: 4Q Earnings Snapshot

January 17, 2019

LOWELL, Ark. (AP) _ JB Hunt Transport Services Inc. (JBHT) on Thursday reported fourth-quarter profit of $88.7 million.

The Lowell, Arkansas-based company said it had profit of 81 cents per share. Earnings, adjusted for non-recurring costs, came to $1.77 per share.

The results topped Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.48 per share.

The trucking and logistics company posted revenue of $2.32 billion in the period, also exceeding Street forecasts. Seven analysts surveyed by Zacks expected $2.3 billion.

For the year, the company reported profit of $489.6 million, or $4.43 per share. Revenue was reported as $8.61 billion.

JB Hunt shares have increased slightly more than 7 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $99.92, a decrease of 17 percent in the last 12 months.

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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

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