J.B. Hunt Transport Services, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2017
January 18, 2018 at 06:08 pm IST
Share
J.B. Hunt Transport Services, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2017. For the quarter, the company reported total operating revenues of $1,990,160,000 compared to $1,721,062,000 a year ago. Operating income was $145,814,000 compared to $194,361,000 a year ago. Earnings before income taxes were $139,784,000 compared to $188,485,000 a year ago. Net earnings were $385,308,000 or $3.48 per diluted share compared to $117,556,000 or $1.05 per diluted share a year ago.
For the year, the company reported total operating revenues of $7,189,568,000 compared to $6,555,459,000 a year ago. Operating income was $623,789,000 compared to $721,020,000 a year ago. Earnings before income taxes were $595,239,000 compared to $695,797,000 a year ago. Net earnings were $686,263,000 or $6.18 per diluted share compared to $432,090,000 or $3.81 per diluted share a year ago. Book value per actual share outstanding at end of period was $16.76 compared to $12.70 a year ago. Net cash provided by operating activities was $834,913,000 compared to $854,143,000 a year ago. Net capital expenditures were $510,515,000 compared to $485,256,000 a year ago.
JB Hunt Transport Services, Inc. specializes in supply truck transportation services. Net sales (including intra-group) break down by activity as follows:
- intermodal transportation services (44.7%);
- customized transportation services (21.1%);
- development of logistics solutions and services (20.8%);
- final-mile delivery services (6.9%);
- loading services (6.5%).
At the end of 2021, the group had a fleet of 110,529 vehicles consisting of container chassis (85,649), trucks (16,751) and tractors (8,429).
All sales are in the United States.