Investing.com - JB Hunt (NASDAQ:JBHT) reported on Monday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
JB Hunt announced earnings per share of $2.29 on revenue of $3.49B. Analysts polled by Investing.com anticipated EPS of $1.93 on revenue of $3.27B.
JB Hunt shares are down 16.12% from the beginning of the year and are trading at $174.88 , down-from-52-week-high.They are under-performing the S&P 500 which is down 7.84% from the start of the year.
JB Hunt shares gained 2.00% in after-hours trade following the report.
JB Hunt follows other major Industrials sector earnings this month
JB Hunt's report follows an earnings beat by Cintas on Wednesday, March 23, 2022, who reported EPS of $2.69 on revenue of $1.96B, compared to forecasts EPS of $2.44 on revenue of $1.91B.
Fastenal had beat expectations on Wednesday with first quarter EPS of $0.47 on revenue of $1.7B, compared to forecast for EPS of $0.45 on revenue of $1,688M.
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