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Expeditors (EXPD) Beats on Earnings in Q4

Based in Seattle, WA, Expeditors International of Washington Inc.EXPD 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.

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 see the 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 61 cents per share beat the Zacks Consensus Estimate of 59 cents per share. Earnings were flat on a year over year basis.

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 $1,642 million beating the Zacks Consensus Estimate of$1,618 million. Revenues improved 3% from the year-ago figure.

Key Stats: Airfreight Services revenues improved 1.3% year over year to $688.8 million in the fourth quarter. Ocean Freight and Ocean Services revenues increased 2.4% year over year to $503.2 million. Customs Brokerage and Other Services revenues increased 5.9 % year over year to approximately $450 million.

Check back later for our full write up on this Expeditors earnings report later!

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Expeditors International of Washington, Inc. (EXPD): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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