JB Hunt Earnings Miss, Revenue Inline In Q2
Investing.com - JB Hunt (NASDAQ:JBHT) reported second quarter earnings that missed analysts' expectations on Monday and revenue that was inline with forecasts.
The firm reported earnings per share of $1.23 on revenue of $2.26B. Analysts polled by Investing.com forecast EPS of $1.35 on revenue of $2.26B. That compared to EPS of $1.37 on revenue of $2.14B in the same period a year earlier. The company had reported EPS of $1.09 on revenue of $2.09B in the previous quarter.
JB Hunt shares gained 6.16% to trade at $98.28 in after-hours trade following the report.
JB Hunt follows other major Transportation sector earnings this month
On June 25, FedEx reported fourth quarter EPS of $5.01 on revenue of $17.8B, compared to forecasts of EPS of $4.85 on revenue of $17.8B.
Delta Air Lines earnings beat analysts' expectations on Thursday, with second quarter EPS of $2.35 on revenue of $12.5B. Investing.com analysts expected EPS of $2.28 on revenue of $12.5B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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