Investing.com - BEST (NYSE:BEST) reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
BEST announced earnings per share of -1.64 on revenue of 5.08B. Analysts polled by Investing.com anticipated EPS of -0.37 on revenue of 9.03B.
BEST shares are up 2% from the beginning of the year, still down 53.98% from its 52 week high of 6.54 set on January 21. They are under-performing the S&P Merval which is up 22.27% from the start of the year.
BEST follows other major Transportation sector earnings this month
BEST's report follows an earnings beat by United Parcel Service on October 28, who reported EPS of 2.28 on revenue of 21.19B, compared to forecasts EPS of 1.9 on revenue of 20.21B.
Union Pacific had missed expectations on October 22 with third quarter EPS of 2.01 on revenue of 4.92B, compared to forecast for EPS of 2.06 on revenue of 4.93B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar