PREVIEW: J.B. Hunt shares dip ahead of results, due after the bell

Shares of J.B. Hunt JBHT.O were down 1.5% on Tues ahead of the U.S. trucking co's quarterly results due after the closing bell

Analysts expect Q2 rev of $2.92 bln vs $2.93 bln a yr ago and EPS of $1.32/shr vs $1.32 also for a yr ago, according to LSEG

Investors are anxious to hear what impact U.S. President Donald Trump's trade war may be having on the trucking industry; truckers had moved record volumes of products after customers stocked up ahead of Trump's April tariffs

In mid-April, J.B. Hunt posted a 7.6% drop in first-quarter profit, with continued weakness in its truckload and brokerage businesses offsetting gains in the intermodal segment

Analyst recommendations include 15 "strong buy" or "buy" ratings, 11 "hold" ratings and one "sell" rating

The median 12-mo PT on the co is $155; the stock was last at $150.00

JBHT is down about 12% for the YTD compared with a 6.5% gain in the S&P 500 .SPX and a 7.5% increase in the Nasdaq .IXIC in that period