J.B. Hunt Transport Services shares were tumbling after its quarterly earnings fell short of expectations, but analysts argued patience is key as they stuck with the trucking and logistics company.
Expectations about when the current so-called recession in freight will end, the Evercore analysts said, as they lowered their forecasts for earnings and reduced their target for the stock price to $200 from $205.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:
Portugal Últimas Notícias, Portugal Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Netflix earnings preview: Revenue growth expectations get ‘dialed back’ by some analystsNetflix reportedly plans to increase streaming fees again in the coming months
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »
Analysts are getting bullish on these corporate earnings slated for release this weekWall Street analysts predict that these companies will upsides following their quarterly earnings announcements this week.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »
Here's what all the major analysts expect from Goldman Sachs' earnings TuesdayThe bank is scheduled to report its third-quarter earnings on Tuesday before the market opens.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »
Wall Street's earnings recession may be overAnalysts expect earnings growth for the first time in three quarters.
Fonte: axios - 🏆 302. / 63 Consulte Mais informação »
Beware these expensive stocks that analysts don't likeAnalysts are cautious of these names, which are looking costly on a price-earnings basis.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »