JB Hunt shares drop 9% on rare profit warning By Investing.com

JB Hunt Transport Services Inc. shares fell as much as 9% after the company issued an unusual earnings warning, projecting a 5% to 10% decline in second-to-third quarter earnings. This warning was attributed to rising costs, including higher fuel prices, despite an otherwise upbeat outlook on freight market fundamentals. Analysts noted the rarity of such an intra-quarter trend discussion from JB Hunt.