JB Hunt (NASDAQ:JBHT) reported fourth quarter earnings that missed analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $0.81 on revenue of $2.32B. Analysts polled by forecast EPS of $1.5 on revenue of $2.31B. That compared to EPS of $0.87 on revenue of $1.99B in the same period a year earlier. The company had reported EPS of $1.47 on revenue of $2.21B in the previous quarter.
JB Hunt shares lost 100.00% to trade at $0.00 in after-hours trade following the report.
JB Hunt follows other major Transportation sector earnings this month
On Wednesday, CSX reported fourth quarter EPS of $1.01 on revenue of $3.14B, compared to forecasts of EPS of $0.99 on revenue of $3.13B.
Delta Air Lines earnings beat analyst's expectations on Tuesday, with fourth quarter EPS of $1.3 on revenue of $10.74B. analysts expected EPS of $1.27 on revenue of $10.77B
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