Investing.com - JB Hunt (NASDAQ:JBHT) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
JB Hunt announced earnings per share of $1.14 on revenue of $2.15B. Analysts polled by Investing.com anticipated EPS of $0.84 on revenue of $2.01B.
JB Hunt shares are up 13.5% from the beginning of the year and are trading at $132.00 , down-from-52-week-high.They are outperforming the S&P 500 which is down 0.47% from the start of the year.
JB Hunt shares lost 0.41% in after-hours trade the report.
JB Hunt follows other major Transportation sector earnings this month
JB Hunt's report follows an earnings beat by FedEx on June 30, who reported EPS of $2.53 on revenue of $17.4B, compared to forecasts EPS of $1.58 on revenue of $16.41B.
Delta Air Lines had missed expectations on Tuesday with first quarter EPS of $-4.43 on revenue of $1.47B, compared to forecast for EPS of $-4.31 on revenue of $1.35B.
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