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%
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.
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.0%.
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