Overview

• J. B. Hunt posted Q2 net income of $128.6 million, EPS of $1.31 and revenue of $2.93 billion, modestly exceeding analysts’ expectations.
• Intermodal and truckload segments recorded volume-driven revenue gains, with intermodal revenue up 2% to $1.44 billion and truckload revenue up 5% to $177 million.
• Operating income fell 4% year over year to $197.3 million as higher medical, casualty claim, driver wage and equipment expenses squeezed margins.
• CFO John Kuhlow announced a $100 million cost reduction plan focused on efficiency, technology and asset utilization, with savings slated for 2026.
• Benchmark reiterated a Buy rating with a $165 price target, while Stifel maintained a Hold rating and lowered its target to $145, highlighting market uncertainty.