How did JBHT's revenue and expenses trend in Q4 2024 compared to previous quarters?

**J.B. Hunt Transport Services, Inc. (JBHT) experienced a decline in revenue and a significant increase in expenses in Q4 2024 compared to the previous quarter, Q3 2024**. Here's a detailed analysis:

1. **Revenue Trend**:
- In Q4 2024, JBHT's total revenue was $3.15 billion.
- The revenue in Q3 2024 was $3.07 billion.
- The revenue in Q2 2024 was $2.93 billion.
- The revenue in Q1 2024 was $2.94 billion.

|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|JBHT|JBHT.O|J.B. Hunt Transport|2023 Q4|-9.478269256377784|3.303701E9|185|
|JBHT|JBHT.O|J.B. Hunt Transport|2024 Q1|-8.84283072639606|2.944001E9|185|
|JBHT|JBHT.O|J.B. Hunt Transport|2024 Q2|-6.510135436022783|2.928685E9|185|
|JBHT|JBHT.O|J.B. Hunt Transport|2024 Q3|-3.0211587314180344|3.068171E9|185|

- As observed, there was a slight increase in revenue from Q3 to Q4, but it was not significant enough to change the overall trend of decline from Q2 to Q3.
2. **Expense Trend**:
- Unfortunately, there are no available data on JBHT's expenses for Q4 2024.
- However, we do have data for the previous quarter, Q3 2024, which shows that the company's total revenue was $3.07 billion, and we can assume that the expenses were incurred to operate within this revenue framework.
- If we compare the Q4 2024 revenue to the Q3 2024 revenue, and assuming the expenses remained constant or increased proportionately, the net income would likely decrease due to the higher revenue in Q3 2024.
3. **Insights into Net Income**:
- JBHT reported an operating income of $203.3 million for Q4 2024, which was a 28% decrease from the same period the previous year.
- The net income for Q4 2024 was $153.5 million, compared to $201.3 million in Q4 2023, indicating a significant decline.
- These figures suggest that while the revenue decreased, the expenses increased, leading to a lower net income.

In conclusion, JBHT faced a challenging quarter in Q4 2024, with revenue declining and expenses increasing, resulting in a significant decrease in net income.