J.B. Hunt Transport Services (NASDAQ:JBHT) Downgraded by Zacks Research to "Hold"

J.B. Hunt stock plunge 10% on earnings drop expectation

Shares of J.B. Hunt plunged more than 10% Wednesday after the company warned of an earnings drop between 5% and 10%.

S&P 500 Trucking Stock JB Hunt Dives On CFO's Warning

J.B. Hunt stock is leading S&P 500 losers Wednesday after the trucking firm warned of a Q3 earnings decline amid high diesel costs and more.

J.B. Hunt Transport Services (NASDAQ:JBHT) Downgraded by Zacks Research to "Hold"

Zacks Research cut shares of J.B. Hunt Transport Services from a "strong-buy" rating to a "hold" rating in a report on Monday.

J.B. Hunt stock plunges 10% after company warns third-quarter earnings will fall

Shares of J.B. Hunt plunged more than 10% Wednesday after the company warned of an earnings drop between 5% and 10%.

J.B. Hunt (JBHT) Stock Plunges 11% on Q3 Earnings Warning Amid Fuel Cost Surge

Quick Overview CFO Brad Delco projected Q3 earnings could fall 5% to 10% sequentially from Q2 results. Diesel fuel prices exceeding $6 per gallon are expected to create a $10M sequential cost burden. Driver hiring and retention expenses will add an additional $25M in Q3 compared to Q2. Shares of JBHT tumbled 11% during premarket hours to $243. The cautionary announcement triggered declines across the trucking sector, impacting ODFL, KNX, XPO, S…