JB Hunt Earnings, Revenue Beat in Q1 -Breaking
[ad_1]
© Reuters. JB Hunt Revenue Beats in Q1JB Hunt (NASDAQ) reported Monday that the first quarter beat analyst forecasts, and that revenue exceeded expectations.
JB Hunt posted earnings per share (EPS) of $2.29 on $3.49B in revenue. Investing.com polled analysts and predicted EPS at $1.93 for revenue of $3.27B.
JB Hunt shares have fallen 16.12% since the start of the year. However, they are still 21.42% below their 52-week high of $218.18 on March 16. They are under-performing the S&P 500 which is down 7.84% from the start of the year.
After-hours trading saw JB Hunt share prices rise by 2.90% following the report.
JB Hunt continues to follow other important Industrials sector earnings for this month
JB Hunt reports on Cintas’ earnings beat on March 23. Cintas reported EPS figures of $2.69 per share on $1.96B revenue, while forecasts were for EPS levels of $2.44 and $1.91B revenue.
Fastenal beat all expectations Wednesday, posting a first-quarter EPS $0.47 on $1.7 billion in revenue, as opposed to the forecast of $0.45 for $1,688M revenue.
Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar
[ad_2]
