J.B. Hunt Q2 Earnings Surge 45% on 19% Revenue Growth, Raises Tax Guidance
JBHT has more than doubled off its 52-week low of $130.12.
Summary
J.B. Hunt reported Q2 2026 EPS of $1.91, up 45% year-over-year, on revenue of $3.5 billion. Intermodal operating income jumped 58%, and the company repurchased $98 million in shares. Full-year tax rate guidance was narrowed to 24.0%-24.5%.
Key Events · Earnings and Guidance · JBHT
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Q2 EPS Surges 45%
Diluted EPS of $1.91 vs. $1.31 a year ago, driven by 19% revenue growth to $3.50 billion and operating income up 32% to $259.5 million.
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Intermodal Operating Income Jumps 58%
Intermodal segment operating income reached $150.9 million on 10% volume growth and 11% higher revenue per load, reflecting strong demand and network efficiency.
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$98M in Share Repurchases
The company bought back 392,000 shares for approximately $98 million in Q2, with $791 million remaining under its authorization.
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Tax Rate Guidance Narrowed
Full-year 2026 effective tax rate now expected between 24.0% and 24.5%, down from the prior quarter's implied rate, providing a modest tailwind to net income.
Analysis · JBHT · Energy & Transportation
A standout quarter saw EPS jump 45% to $1.91 on revenue of $3.5 billion, with intermodal leading the charge — operating income there surged 58% on strong volume and pricing. Confidence was further signaled by $98 million in stock buybacks during the quarter, while full-year tax rate guidance was tightened to 24.0%-24.5%. The results reinforce the freight recovery narrative and show operating leverage kicking in across the network.
At the time of this filing, JBHT was trading at $292.50 on NASDAQ in the Energy & Transportation sector, with a market capitalization of approximately $26.1B. The 52-week trading range was $130.12 to $294.98. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.