J.B. Hunt disclosed its Q1 2025 earnings, reporting a consolidated revenue of $2.92 billion, down 1% compared to the previous year. The earnings per share (EPS) came in at $1.17, aligning with analyst expectations but slightly lower than the prior year's results. Operating income for the period decreased by 8% to $179 million due to increased insurance premiums, claims, and medical expenses.
J.B. Hunt's intermodal division, however, showed a robust performance with a revenue increase of 5% to $1.47 billion, driven by an 8% rise in loads, even as revenue per load saw a 2% decline. This change led to a higher intermodal operating ratio of 93.6%. The dedicated services segment experienced a revenue decrease of 4% to $822 million, despite a 2% gain in revenue per truck per week. It recorded an operating ratio of 90.2%, with a 5% decline in the average number of trucks in service.
The company's stock fell by nearly 2% during regular trading and an additional 5.91% in after-hours trading, reflecting ongoing market challenges. Moving forward, J.B. Hunt has lowered its capital expenditure guidance to $500-700 million, with a focus on cost management and plans to return to net fleet growth in 2025, according to Insider Monkey.