Investing.com - BEST (NYSE:BEST) reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
BEST announced earnings per share of -1.26 on revenue of 9.26B. Analysts polled by Investing.com anticipated EPS of -0.0048 on revenue of 11.01B.
BEST shares are up 11% from the beginning of the year, still down 59.86% from its 52 week high of 5.83 set on April 23, 2020. They are outperforming the STOXX 600 which is up 5.9% from the start of the year.
BEST follows other major Transportation sector earnings this month
BEST's report follows an earnings missed by Public Storage on February 24, who reported EPS of 1.67 on revenue of 748.54M, compared to forecasts EPS of 1.94 on revenue of 737.75M.
Royal Caribbean Cruises had beat expectations on February 22 with fourth quarter EPS of -5.02 on revenue of 34.14M, compared to forecast for EPS of -5.2 on revenue of 35.62M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar