J.B. Hunt tumbles after CFO's profit warning

J.B. Hunt Transport Services

16/09/2026 12:27

** Shares of U.S. trucking firm J.B. Hunt JBHT.O fall more than 11% to $242.50 premarket
** JBHT CFO Brad Delco warns Q3 earnings to drop by 5%-10% compared to Q2 amid a spike in fuel and labor costs
** "You saw our JBT business actually lost a little bit of money. ICS broker margins got squeezed", CFO says
** Points to a timing mismatch where intermodal prices are slow to adjust, but costs are rising fast 
** 14 of 25 brokerages rate the stock "buy" or above, 10 "hold" and one "sell", median PT at $309 - data compiled by LSEG
** As of last close, stock has risen about 41% YTD

 (Reporting by Miraanta Lowrance in Bengaluru)
 ((miraanta.lowrance@thomsonreuters.com))