J.B. Hunt Delays Release Of 2018 Financial Expectations

By this time last year, J.B. Hunt Transport Services had released its financial expectations for the upcoming year, but John Roberts, president and CEO of the Lowell-based carrier, said the company has changed its planning cycle.

“That work is still underway,” Roberts said. “That gives us a chance to finish the year and dig a little deeper.”

Roberts made a brief presentation on J.B. Hunt, and he and Chief Financial Officer David Mee answered questions in a live webcast at the Baird 2017 Global Industrial Conference in Chicago on Wednesday (Nov. 8). In Roberts’ presentation, “Goals & Big Rocks for 2018 and Beyond,” he said the carrier has kept “cadence between our earnings and earnings per share. That’s something that we’re very focused on going forward.” The carrier looks to increase earnings per share at pace with revenue or at a faster rate than revenue growth.   MORE

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