Expeditors International beats Q3 estimates on early freight moves
Logistics company Expeditors International of Washington reported third-quarter results above estimates on Tuesday, driven by increasing tonnage and volumes as some shippers moved freight early due to concerns over port disruptions and geopolitical tensions.
Expeditors Q3 Earnings and Revenues Beat Estimates, Increase Y/Y
Expeditors International of Washington’s EXPD third-quarter 2024 earnings of $1.63 per share beat the Zacks Consensus Estimate of $1.33. The bottom line increased 40.5% year over year, owing to strong growth in air tonnage and ocean volumes.
Expeditors International of Washington Third Quarter 2024 Earnings: Beats Expectations
Revenue: US$3.00b (up 37% from 3Q 2023). Net income: US$229.6m (up 34% from 3Q 2023). Profit margin: 7.7% (down from 7.8% in 3Q 2023). The decrease in margin was driven by higher expenses.
Expeditors International: Q3 Earnings Snapshot
BELLEVUE, Wash. (AP) — BELLEVUE, Wash. (AP) — Expeditors International of Washington Inc. (EXPD) on Tuesday reported third-quarter earnings of $229.6 million. On a per-share basis, the Bellevue, Washington-based company said it had net income of $1.63.
Expeditors International (EXPD) Reports Q3 Earnings: What Key Metrics Have to Say
Expeditors International (EXPD) reported $3 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 37%. EPS of $1.63 for the same period compares to $1.16 a year ago.
Expeditors International Of Washington Inc. Reveals Increase In Q3 Income
Expeditors International of Washington Inc. (EXPD) reported earnings for its third quarter that increased from last year The
Expeditors Q3 2024 Earnings Preview
Expeditors (NYSE:EXPD) is scheduled to announce Q3 earnings results on Tuesday, November 5th, before market open. The consensus EPS Estimate is $1.32 (+13.8% Y/Y) and the consensus Revenue Estimate is $2.
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Expeditors, aided in part by pull-forward volumes, reports strong Q3
Bolstered by significant gains in air and ocean freight volume on a year-to-year basis, Expeditors International’s ...
First Trust Direct Indexing L.P. Reduces Stake in Expeditors International of Washington, Inc. (NASDAQ:EXPD)
First Trust Direct Indexing L.P. cut its holdings in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD – ...
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Expeditors International (EXPD) Reports Next Week: Wall Street Expects Earnings Growth
Expeditors International (EXPD) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known ...
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Sustaining, nurturing existing investments should be prioritised: AmCham President
The president of the American Chamber of Commerce in Bangladesh (AmCham), Syed Ershad Ahmed, emphasised the importance of focusing ...
Blue Trust Inc. Purchases 1,166 Shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD)
Blue Trust Inc. increased its position in Expeditors International of Washington, Inc. (NASDAQ:EXPD – Free Report) by 106.9% ...