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Investing.com - JB Hunt reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
JB Hunt announced earnings per share of $2.42 on revenue of $3.84B. Analysts polled by Investing.com EPS of $2.35 on revenue of $3.6B.
JB Hunt 's are down 66% and is trading at $174.50 , still down 20.04% from its 52 week high of $218.18 set on Wednesday, March 16, 2022.
JB Hunt shares gained 0.02% to trade at $174.50 in after-hours trade the report.
JB Hunt follows other major Industrials sector earnings this month
JB Hunt's report follows an earnings missed by Lockheed Martin on Tuesday, who reported EPS of $1.16 on revenue of $15.45B, EPS of $6.34 on revenue of $15.99B.
FedEx had matched expectations on Thursday, June 23, 2022 with fourth quarter EPS of $6.87 on revenue of $24.4B, for EPS of $6.87 on revenue of $24.5B.
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