JB Hunt earnings, Revenue beat in Q3

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JB Hunt earnings, Revenue beat in Q3
Credit: © Reuters.

Investing.com - JB Hunt (NASDAQ: JBHT ) reported on Friday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.

JB Hunt announced earnings per share of $1.88 on revenue of $3.14B. Analysts polled by Investing.com anticipated EPS of $1.79 on revenue of $3.03B.

JB Hunt shares are up 28.24% from the beginning of the year and are trading at $175.24 , down-from-52-week-high.They are outperforming the S&P 500 which is up 18.16% year to date.

JB Hunt follows other major Transportation sector earnings this month

JB Hunt's report follows an earnings missed by FedEx on Tuesday, September 21, 2021, who reported EPS of $4.37 on revenue of $22B, compared to forecasts EPS of $4.88 on revenue of $21.93B.

Carnival ADS had missed expectations on Thursday, September 30, 2021 with third quarter EPS of $-1.75 on revenue of $546M, compared to forecast for EPS of $-1.55 on revenue of $670.38M.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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