JB Hunt Transport Services Inc. Q3 Earnings Rise 12%

(RTTNews) - JB Hunt Transport Services Inc. (JBHT) released a profit for its third quarter that climbed compared to the same period last year.

The company said its bottom line totaled $115.14 million, or $0.99 per share. This was higher than $102.41 million, or $0.87 per share, in last year's third quarter.

Analysts had expected the company to earn $0.97 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 0.6% to $1.59 billion. This was down from $1.60 billion last year.

JB Hunt Transport Services Inc. earnings at a glance:

-Earnings (Q3): $115.14 Mln. vs. $102.41 Mln. last year. -Earnings Growth (Y-o-Y): 12.4% -EPS (Q3): $0.99 vs. $0.87 last year. -EPS Growth (Y-o-Y): 13.8% -Analysts Estimate: $0.97 -Revenue (Q3): $1.59 Bln vs. $1.60 Bln last year. -Revenue Change (Y-o-Y): -0.6%