JB Hunt Earnings Miss, Revenue Beats In Q3


© Reuters. JB Hunt Earnings Miss, Revenue Beats In Q3

biedex.com – JB Hunt (NASDAQ:) reported on Friday third quarter that missed analysts’ forecasts and revenue that topped expectations.

JB Hunt announced earnings per share of $1.18 on revenue of $2.47B. Analysts polled by biedex.com anticipated EPS of $1.27 on revenue of $2.34B.

JB Hunt shares are up 21.46% from the beginning of the year, still down 1.74% from its 52 week high of $144.35 set on August 27. They are under-performing the Nasdaq which is up 30.55% from the start of the year.

JB Hunt follows other major Transportation sector earnings this month

JB Hunt’s report follows an earnings missed by Delta Air Lines on Tuesday, who reported EPS of $-3.3 on revenue of $3.06B, compared to forecasts EPS of $-3.03 on revenue of $3.11B.

Carnival ADS had beat expectations on October 8 with third quarter EPS of $-2.19 on revenue of $31M, compared to forecast for EPS of $-2.2 on revenue of $77.33M.

Stay up-to-date on all of the upcoming earnings reports by visiting biedex.com’s earnings calendar

Stockmarkets and cryptocurrency quotes, Stockmarkets Insights