LOWELL (dpa-AFX) - JB Hunt Transport Services Inc. (JBHT) reported earnings for third quarter that decreased from the same period last year but beat the Street estimates.
The company's earnings totaled $152.066 million, or $1.49 per share. This compares with $187.431 million, or $1.80 per share, in last year's third quarter.
Analysts on average had expected the company to earn $1.41 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 3.0% to $3.068 billion from $3.163 billion last year.
JB Hunt Transport Services Inc. earnings at a glance (GAAP) :
-Earnings (Q3): $152.066 Mln. vs. $187.431 Mln. last year. -EPS (Q3): $1.49 vs. $1.80 last year. -Revenue (Q3): $3.068 Bln vs. $3.163 Bln last year.
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