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JB Hunt Earnings, Revenue Beat in Q3 By Investing.com

by Mike Robinson

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© Reuters. JB Hunt Beats Revenue in Quarter 3

JB Hunt (NASDAQ) reported Friday that the third quarter beat analyst forecasts, and that revenue exceeded expectations.

JB Hunt reported earnings per share at $1.88 for revenue of $3.14B. Investing.com polled analysts and predicted EPS at $1.79 for revenue of $3.03B.

JB Hunt shares rose 28.24% over the first year but are down 4.96% compared to its 52-week peak of $184.38, which was set on August 30. They are outperforming the S&P 500 which is up 18.16% from the start of the year.

JB Hunt continues to follow other significant earnings from the Transport sector in this month

JB Hunt’s report comes after FedEx reported earnings of $4.37 per share on revenues of $22B on September 21. This compares to the forecasts of EPS at $4.88 for revenue of $21.93B.

Carnival ADS’s third quarter EPS was $-1.75 on $546M in revenue, which is lower than the $-1.55 forecast on $670.38M.

Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar

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