Investing.com - JB Hunt reported on Friday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
JB Hunt announced earnings per share of $1.18 on revenue of $2.47B. Analysts polled by Investing.com EPS of $1.27 on revenue of $2.34B.
JB Hunt 's are up 21.46% and is trading at $141.84 , still down 1.74% from its 52 week high of $144.35 set on Thursday, August 27, 2020.
JB Hunt follows other major Transportation sector earnings this month
JB Hunt's report follows an earnings missed by Delta Air Lines on Tuesday, who reported EPS of $-3.3 on revenue of $3.06B, EPS of $-3.03 on revenue of $3.11B.
Carnival ADS had beat expectations on Thursday, October 8, 2020 with third quarter EPS of $-2.19 on revenue of $31M, for EPS of $-2.2 on revenue of $77.33M.
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