LOWELL, Ark. (AP) — LOWELL, Ark. (AP) — JB Hunt Transport Services Inc. (JBHT) on Tuesday reported second-quarter net income of $128.6 million.
The Lowell, Arkansas-based company said it had net income of $1.31 per share.
The results did not meet Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.34 per share.
The trucking and logistics company posted revenue of $2.93 billion in the period, also falling short of Street forecasts. Seven analysts surveyed by Zacks expected $2.94 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