JB Hunt Earnings, Revenue Beat in Q2
2022.07.20 00:29
JB Hunt Earnings, Revenue Beat in Q2
Investing.com – JB Hunt (NASDAQ:JBHT) reported on Tuesday second quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
JB Hunt announced earnings per share of $2.42 on revenue of $3.84B. Analysts polled by Investing.com anticipated EPS of $2.35 on revenue of $3.6B.
JB Hunt shares are down 66% from the beginning of the year, still down 20.04% from its 52 week high of $218.18 set on March 16. They are under-performing the Nasdaq which is down 25.13% from the start of the year.
JB Hunt shares gained 0.02% in after-hours trade following the report.
JB Hunt follows other major Industrials sector earnings this month
JB Hunt’s report follows an earnings missed by Lockheed Martin on Tuesday, who reported EPS of $1.16 on revenue of $15.45B, compared to forecasts EPS of $6.34 on revenue of $15.99B.
FedEx had matched expectations on June 23 with fourth quarter EPS of $6.87 on revenue of $24.4B, compared to forecast for EPS of $6.87 on revenue of $24.5B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
