Stephens & Co. analyst Justin Long reiterated an Overweight rating on the shares of J B Hunt Transport Services Inc (NASDAQ:JBHT) and lowered the price forecast from $170.00 to $165.00.

JBHT posted first-quarter FY25 earnings per share of $1.17, topping both internal and consensus forecasts.

The upside was largely due to stronger intermodal revenue, reduced losses in its Integrated Capacity Solutions (ICS) unit, and lower tax and interest costs, said the analyst.

J.B. Hunt's Intermodal (JBI) segment outperformed expectations, with volumes rising 7.6% year-over-year and contributing $0.07 in EPS upside, driven by strong growth ...

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