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-0.00156211460988241 -0.00156211460988241 -0.00028967634081492 -0.00156211460988241 -0.00156211460988241 -0.00147989805146747 2.74055194717524E-05 0
Stock impact report

First look: J.B. Hunt Q1 earnings [Yahoo! Finance]

FedEx Corporation (FDX) 
Last fedex corporation earnings: 3/17 04:03 pm Check Earnings Report
US:NYSE Investor Relations: fedex.com/us/investorrelations
Company Research Source: Yahoo! Finance
Cost reduction initiatives allowed the multimodal transportation provider to again achieve operating income growth significantly ahead of revenue growth. J.B. Hunt ( NASDAQ: JBHT ) reported first-quarter earnings per share of $1.49, 4 cents ahead of the consensus estimate and 32 cents higher year over year. Consolidated revenue of $3.06 billion was 5% higher y/y, outpacing analysts' expectations for revenue of $2.95 billion. Operating income increased 16% given cost takeouts and improved productivity. Table: J.B. Hunt's key performance indicators Intermodal revenue increased 2% y/y to $1.51 billion as load count was up 3% and revenue per load was down 1% (down 2% excluding fuel surcharges). J.B. Hunt reported its highest-ever first-quarter volumes and said it achieved a record volume week in March. Even with only a modest revenue increase operating income jumped 21% y/y in the period. The operating ratio improved 120 basis point y/y to 92.4%. Prior cost cutting and better as Show less Read more
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