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 -1.19 on revenue of 7.37B. Analysts polled by Investing.com anticipated EPS of -1.17 on revenue of 8.24B.
BEST shares are down 48.28% from the beginning of the year and are trading at 1.0550 , 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 beat by United Parcel Service on Tuesday, July 27, 2021, who reported EPS of 3.06 on revenue of 23.42B, compared to forecasts EPS of 2.81 on revenue of 23.19B.
Union Pacific had beat expectations on Thursday, July 22, 2021 with second quarter EPS of 2.72 on revenue of 5.5B, compared to forecast for EPS of 2.55 on revenue of 5.36B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar