JB Hunt (JBHT) Grew Sales 20%, but Can Profit Catch Up?

J.B. Hunt (NASDAQ:JBHT) reported third-quarter revenue of $3.68 billion last week, up 20% from a year earlier. Diluted earnings came to $1.82 a share, up 3%. But operating income rose just 2%, so almost none of the new revenue turned into profit. The biggest hit landed in the contract trucking business, where operating income fell […]