J.B. Hunt stock plunge 10% on earnings drop expectation

J.B. Hunt stock plunge 10% on earnings drop expectation

Shares of J.B. Hunt plunged more than 10% Wednesday after the company warned of an earnings drop between 5% and 10%.

S&P 500 Trucking Stock JB Hunt Dives On CFO's Warning

J.B. Hunt stock is leading S&P 500 losers Wednesday after the trucking firm warned of a Q3 earnings decline amid high diesel costs and more.

J.B. Hunt stock plunges 10% after company warns third-quarter earnings will fall

Shares of J.B. Hunt plunged more than 10% Wednesday after the company warned of an earnings drop between 5% and 10%.

J.B. Hunt (JBHT) Stock Plunges 11% on Q3 Earnings Warning Amid Fuel Cost Surge

Quick Overview CFO Brad Delco projected Q3 earnings could fall 5% to 10% sequentially from Q2 results. Diesel fuel prices exceeding $6 per gallon are expected to create a $10M sequential cost burden. Driver hiring and retention expenses will add an additional $25M in Q3 compared to Q2. Shares of JBHT tumbled 11% during premarket hours to $243. The cautionary announcement triggered declines across the trucking sector, impacting ODFL, KNX, XPO, S…

J.B. Hunt (JBHT) Stock Tanks 11% as Company Sounds the Alarm on Soaring Fuel Bills

TLDR J.B. Hunt CFO Brad Delco warned Q3 earnings will drop 5% to 10% from Q2 levels. Diesel prices above $6 per gallon are creating a $10M sequential headwind. Driver recruitment costs will add another $25M in Q3 versus Q2. JBHT stock fell 11% in premarket trading to $243. The warning dragged down...