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  • Earnings Preview: J.B. Hunt [View article]
    Earnings and projections should be a disaster for J.B. Hunt. The market and analysts are resting their hopes on the intermodal segment of JB Hunt. This quarter should quickly change their opinion. I own a furniture business and every carrier we use that I have talked to is experiencing a significant slowdown.

    Rising fuel costs and a weakening customer demand due to a significant slowdown in the U.S. will seriously crimp JBHT's earnings and projections for a rebound will be pushed off until at least 2010. JBHT has a very high debt load relative to cash and assets and currently trades at over 10 times book value and a very high multiple on earnings.
    Jul 14 15:51 pm |Rating: 0 0
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