J.B. Hunt Q3收入增20%超预期但成本挤压利润，盘后跌约2.3%，方向矛盾不交易

J.B. Hunt Transport ( JBHT ) swung lower after reporting third-quarter results that showed strong solid revenue growth but saw earnings pinched by cost pressures. The trucking company reported revenue increased 20% year over year to $3.68B, or 13% excluding fuel surcharges. Net earnings reached $172.4M, compared with $170.8M a year earlier, while GAAP EPS rose to $1.82 from $1.76 and topped the consensus mark by a penny. Operating income increased 2% to $247.1M as productivity improvements and lower storage and facility expenses were largely offset by higher transportation, driver, equipment, and insurance-related costs. Notably, the intermodal segment was a key earnings driver during the quarter, with revenue rising 20% to $1.83B and operating income increasing 18% to $147.5M. Loads grew 8%, led by an 18% increase in the Eastern network, supported by road-to-rail conversion demand. J. B Hunt ( JBHT ) pointed to better network balance and operating efficiencies during the quarter in the segment. Dedicated Contract Services segment revenue increased 11% to $960M, but operating income declined 22% to $81.7M as higher driver, medical, insurance, equipment, and onboarding expenses outweighed productivity gains. Integrated capacity solutions segment revenue jumped 57% to $434M, driven by 22% volume growth and a 29% increase in revenue per load. Final mile services segment revenue fell 3% to $200M, and operating income dropped 76% to $1.6M, reflecting deliberate business exits and higher purchased transportation costs. During Q3, the company repurchased approximately 704K shares for $174M, with $619M remaining under its share repurchase authorization. "We remain confident in our strategy and are building the capabilities needed to support our customers' evolving needs, strengthen our competitive position, and drive long-term profitable growth for our shareholders," highlighted CEO Shelley Simpson. Shares of J.B. Hunt ( JBHT ) were down 2.3% in postmarket trading.