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, still down 4.96% from its 52 week high of $184.38 set on August 30. They are outperforming the S&P 500 which is up 18.16% from the start of the year.
JB Hunt’s report follows an earnings missed by FedEx on September 21, 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 September 30 with third quarter EPS of $-1.75 on revenue of $546M, compared to forecast for EPS of $-1.55 on revenue of $670.38M.
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