The S&P 500 jumped 1% on Friday, Jan. 17, 2025, heading into the long weekend on a high note as prospects rebounded for additional interest-rate cuts in 2025.
J.B. Hunt stock is notably lower Friday after the logistics company fell short of fourth-quarter earnings expectations. Here's what you need to know.
Apple stock rises after falling Thursday by the most since August, Alphabet stock is up after the Supreme Court upholds a ban on TikTok, and Qorvo stock jumps after activist Starboard Value amasses a large stake in the chip maker.
1 Day JBHT -0.20% DJIA -0.21% S&P 500 -0.14% Transportation/Logistics 1.03%
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.0%.
J.B. Hunt Transport Services Inc. closed $40.28 below its 52-week high ($219.51), which the company achieved on February 15th.
This was the stock's fourth consecutive day of gains.
JBHT to release Q4 results on Thursday, expected to report earnings of $1.62/share and revenue of $3.15B. Stock offers 0.92% annual dividend.
Stock futures ticked lower on Thursday night after the Dow Jones Industrial Average and the S&P 500 ended a three-day losing streak. Futures tied to the 30-stock Dow fell 41 points, or 0.1%. S&P 500 futures and Nasdaq 100 futures both dipped 0.1%.
BMO Capital lowered the firm’s price target on J.B. Hunt (JBHT) to $200 from $205 after its Q4 earnings miss but keeps an Outperform rating on