J.B. Hunt Transport Services Q4 Profit Rises - Quick Facts

(RTTNews) - J.B. Hunt Transport Services, Inc. (JBHT) reported that its fourth-quarter net earnings increased to $92 million, or $0.77 per share, from $84 million, or $0.70 per share, last year. The company said its net earnings rose 9% in the current quarter, primarily due to the growth in revenue and a lower cost of borrowing.

On average, 29 analysts polled by Thomson Reuters expected the company to report profit per share of $0.79 for the quarter. Analysts' estimates typically exclude special items.

Total operating revenues increased to $1.47 billion, from $1.34 billion, last year. Analysts expected revenue of $1.47 billion for the quarter.