BUZZ-J.B. Hunt slides after missing Q4 profit expectations

Reuters
01-17
BUZZ-J.B. Hunt slides after missing Q4 profit expectations

** Shares of trucking company J.B. Hunt Transport Services JBHT.O fall 8% to $171 in extended trading

** High expenses and a lower truck count hurt Q4 profit

** JBHT reports Q4 EPS of $1.53 vs estimates of $1.61, according to data compiled by LSEG

** Also reports revenue of $3.15 bln, down 5% from pcp and in line with estimates

** Sixteen of 24 brokerages rate the stock "buy" or higher, seven "hold" and one "sell"; their median PT is $199

(Reporting by Aishwarya Jain in Bengaluru)

((Aishwarya.Jain@thomsonreuters.com))

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