PREVIEW: J.B. Hunt rises ahead of quarterly earnings release

Shares of J.B. Hunt Transport JBHT.O rise 0.9% to $207.53 ahead of its quarterly earnings results due after markets close

Analysts expect JBHT to report ~19% growth in adj EPS to $1.81, and revenue of $3 bln, down ~1.5% from the prior year

JBHT's adj EPS has underperformed analyst estimates five times in the last eight quarters, while revenue has met expectations four times in the same period

Among 25 analysts covering JBHT, avg rating is "buy" and median PT is $188 - data compiled by LSEG

Barclays raises JBHT's PT to $200 from $150, citing improving freight volumes, which has helped boost other transport companies

Dow Jones Transportation index .DJT hit a fresh record high in the session. It is up ~6% YTD versus JBHT's ~7% gain YTD