| JBHT |
Report |
Diluted EPS |
BEAT |
pred ~$1.75 vs. cons $1.71 |
MEDIUM |
| JBHT |
Report |
Total revenue |
IN-LINE |
pred ~$3.20B vs. cons $3.19B |
MEDIUM |
| JBHT |
Report |
Intermodal loads |
BEAT |
pred ~545k vs. cons 537k |
LOW |
| JBHT |
Guide |
FY2026 Dedicated net truck sales (reiterate) |
UNCHANGED |
guide ~800-1,000 vs. cons ~900 (FY2026) |
MEDIUM |
| JBHT |
Guide |
Cost-to-serve savings run-rate |
BETTER |
guide ~$150M+ vs. cons ~$130M annualized (FY2026) |
MEDIUM |
| JBHT |
Guide |
Intermodal contract/bid-season yields (pricing vs inflation) |
UNKNOWN |
guide ~flat-to-+low-single-digit vs. cons ~+2-3% (2026 bid season) |
LOW |
| JBHT |
Guide |
ICS/JBT gross margin path to breakeven |
LOWER |
guide ICS GM ~12-13% vs. cons ~14-15% (2026Q2) |
MEDIUM |
| JBHT |
Return |
Day-1 residual (stock − beta × S&P 500) |
-2.5% |
— |
LOW |
| JBHT |
Return |
5-day cumulative residual |
-4.0% (FOLLOW-THROUGH) |
After a ~43% YTD run into a crowded trade, a modest EPS/volume beat is 'good but not good enough.' Cautious transcon-pricing commentary and persistent purchased-transportation (ICS/JBT) margin squeeze keep out-period EPS revisions flat-to-down despite the headline beat, so an initially soft reaction follows through lower as the elevated multiple de-rates and momentum longs de-risk. |
LOW |