Tag: forecasts
TSMC's first quarter profit rises 9%, beats forecasts
TAIPEI (Reuters) -Taiwanese chipmaker TSMC posted a 9% rise in first-quarter net profit on Thursday that beat market expectations as it rides a wave of demand for semiconductors used in artificial intelligence applications.
JB Hunt misses Q1 earnings, revenue forecasts
LOWELL, Ark. – J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) reported a decline in its first quarter 2024 earnings and revenue, missing analyst expectations. The company\’s earnings per share (EPS) came in at $1.22, falling short of the consensus estimate of $1.52 by $0.30. Revenue for the quarter was $2.94 billion, also below the analyst forecast of $3.12 billion.