JB Hunt Earnings, Revenue Beat in Q1
2022.04.18 23:11
JB Hunt Earnings, Revenue Beat in Q1
Investing.com – JB Hunt (NASDAQ:JBHT) reported on Monday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
JB Hunt announced earnings per share of $2.29 on revenue of $3.49B. Analysts polled by Investing.com anticipated EPS of $1.93 on revenue of $3.27B.
JB Hunt shares are down 16.12% from the beginning of the year, still down 21.42% from its 52 week high of $218.18 set on March 16. They are under-performing the S&P 500 which is down 7.84% from the start of the year.
JB Hunt shares gained 2.90% in after-hours trade following the report.
JB Hunt follows other major Industrials sector earnings this month
JB Hunt’s report follows an earnings beat by Cintas on March 23, who reported EPS of $2.69 on revenue of $1.96B, compared to forecasts EPS of $2.44 on revenue of $1.91B.
Fastenal had beat expectations on Wednesday with first quarter EPS of $0.47 on revenue of $1.7B, compared to forecast for EPS of $0.45 on revenue of $1,688M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
