Back to top
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Expeditors International of Washington, Inc. (EXPD) - free report >>
We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Expeditors International of Washington, Inc. (EXPD) - free report >>
Image: Bigstock
Expeditors (EXPD) Reports In line Earnings in Q2
Based in Seattle, WA, Expeditors International of Washington Inc. (EXPD - Free Report) is a leading third-party logistics provider. Expeditors’ track record with respect to earnings is a mixed one. The company has delivered a positive earnings surprise in two of the last four quarters, having lagged expectations in the other two.
Zacks Rank: Currently, Expeditors has a Zacks Rank #3 (Hold) but that could change following the company’s earnings report which was just released. You can seethe complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: Expeditors’ adjusted earnings of 60 cents per share, thereby meeting the Zacks Consensus Estimate. Earnings declined 4.76% on a year over year basis due to higher costs.
Expeditors International of Washington, Inc. Price and EPS Surprise
Expeditors International of Washington, Inc. Price and EPS Surprise | Expeditors International of Washington, Inc. Quote
Revenue: Revenues came in at $1,672 million beating the Zacks Consensus Estimate of$1,633 million. Revenues improved 13% from the year-ago figure.
Key Stats: Airfreight Services revenues improved 15.4% year over year to $671.9 million in the second quarter. Ocean Freight and Ocean Services revenues increased 13.7% year over year to $528.6 million. Customs Brokerage and Other Services revenues increased 10.1 % year over year to approximately $471.8 million.
Check back later for our full write up on this Expeditors earnings report later!
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look. See the pot trades we're targeting>>