Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
- J B Hunt Transport Services Inc (NASDAQ:JBHT) reported third-quarter FY21 revenue growth of 27.2% year-over-year to $3.14 billion, beating the consensus of $3.01 billion.
- Sales by segments: Intermodal $1.41 billion (+16.6% Y/Y), Dedicated Contract Services $664.77 million (20.2% Y/Y), Integrated Capacity Solutions $666.22 million (+54.5% Y/Y), Final Mile Services $205.91 million (+13.1% Y/Y) and Truckload $203.61 million (+86.6% Y/Y).
- EPS improved to $1.88 from $1.18 in 3Q20, beating the consensus of $1.79.
- The operating income increased by 56% Y/Y to $273.83 million, and the margin expanded by 161 bps to 8.7%.
- Intermodal operating income increased by 52% Y/Y to $165.1 million, while Dedicated Contract Services operating income decreased by 3% Y/Y to $78.1 million.
- JB Hunt Transport generated cash from operating activities year-to-date of $969.85 million, compared to $910.99 million a year ago. It held cash and equivalents of $529.6 million as of September 30, 2021.
- Price Action: JBHT shares are trading higher by 4.14% at $182.50 during the premarket session on Friday.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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