-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:
JBHT reported Q1 EPS of $1.49 vs. $1.17 in the prior year, beating consensus by $0.04, while revenue of $3.06B rose 5% and beat estimates by $98M. Operating margin expanded 70 bps to 6.8% as operating income increased 16% to $207M. The company repurchased $80M of shares with $888M remaining under authorization. Management acknowledged the operating environment remains dynamic while emphasizing continued focus on operational excellence and cost reduction initiatives. Intermodal delivered strong performance with record Q1 volumes of 536,852 loads (+3%) and 21% operating income growth through improved network efficiency. The eastern network showed particular strength with 7% load growth, though revenue per load excluding fuel declined 2% due to freight mix and customer rate dynamics. Dedicated Contract Services maintained steady growth with a 2% revenue increase and 9% operating income growth, supported by 2% productivity improvements and 96% customer retention rates.