J.B. Hunt (JBHT) Stock Soars on Earnings Surprise – Is a Freight Sector Revival Underway?
J.B. Hunt shares surged 16–18% to the mid-$160s on Oct. 16 after Q3 earnings beat forecasts, with EPS at $1.76 and revenue at $3.05 billion. Operating income rose 8% to $242.7 million. Major analysts raised price targets to $175–$180. Peers Schneider National and Knight-Swift are down over 14% year-to-date.