Investing.com - BEST reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
BEST announced earnings per share of -1.55 on revenue of 6.5B. Analysts polled by Investing.com anticipated EPS of -1.11 on revenue of 6.99B.
BEST shares are down 20.59% from the beginning of the year and are trading at 1.62 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
BEST follows other major Transportation sector earnings this month
BEST's report follows an earnings missed by ZTO Express Cayman on Wednesday, May 19, 2021, who reported EPS of 0.64 on revenue of 6.47B, compared to forecasts EPS of 0.6823 on revenue of 6.12B.
Ryanair ADR had beat expectations on Monday, May 17, 2021 with fourth quarter EPS of -1.64 on revenue of 143.31M, compared to forecast for EPS of -2.04 on revenue of 143.47M.
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