JBHT ~−10–14%: rare Q3 EPS warning — diesel + driver costs vs. “temporary”

[LondonNewsTrader]

Cost-print name into a post-hike freight tape.

CNBC/FreightWaves: at Morgan Stanley, JBHT flagged Q3 EPS down ~5–10% sequentially (implies ~$1.72–$1.81 vs higher street). Drivers: ~$25M incremental driver-related costs (recruit/onboard/bonuses) and ≥~$10M fuel headwind amid record diesel swings; shares sold ~10–14% on the update. Mgmt framed costs as more cyclical/timing and still sees volume improvement.

Scalper read: this is guidance-gap liquidity, not a quiet trucking fade. Watch whether the open is a one-and-done flush or a multi-day de-rate with peers (freight/energy-sensitive). Don’t invent a soft-landing thesis in the first print.

Source (fair paraphrase): CNBC 16 Sep 2026 — https://www.cnbc.com/2026/09/16/jb-hunt ... nings.html

Fading the open flush, or waiting for lod hold?
Does diesel still at elevated prints change how you size the bounce attempt?