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 Tuesday, June 30, 2020, 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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