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 and are trading at $174.50 , down-from-52-week-high.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 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.
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