J.B. Hunt Transportation Services Inc. reported Friday third-quarter net income of $100.4 million, or 92 cents a share, compared with $109.4 million, or 97 cents a share, in the same period a year ago. The FactSet consensus for earnings per share was 96 cents. The logistics company said evenue rose to $1.84 billion from $1.69 billion, just above the FactSet consensus of $1.83 billion. Among the business segments, intermodal revenue rose 8% to $1.05 billion to match the FactSet consensus, while truck revenue fell 5% to $93 million, missing expectations of $96.6 million. Revenue for the dedicated contract services and integrated capacity solutions businesses both rose above expectations. The stock was still inactive in premarket trade. It has run up 19% over the past three months, while the Dow Jones Transportation Average has tacked on 3.5% and the Dow Jones Industrial Average has gained 6.0%.
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