Expeditors International of Washington, Inc. (NYSE:EXPD) Just Beat EPS By 22%: Here's What Analysts Are Forecasting For Next Year

Simply Wall St.11-08 19:42

As you might know, Expeditors International of Washington, Inc. (NYSE:EXPD) just kicked off its latest third-quarter results with some very strong numbers. Statutory earnings performance was extremely...

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Statutory earnings performance was extremely...</p>\n\n<a href=\"https://finance.yahoo.com/news/expeditors-international-washington-inc-nyse-114232255.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Expeditors International of Washington, Inc. 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(NYSE:EXPD) Just Beat EPS By 22%: Here's What Analysts Are Forecasting For Next Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-08 19:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/expeditors-international-washington-inc-nyse-114232255.html><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As you might know, Expeditors International of Washington, Inc. (NYSE:EXPD) just kicked off its latest third-quarter results with some very strong numbers. Statutory earnings performance was extremely...</p>\n\n<a href=\"https://finance.yahoo.com/news/expeditors-international-washington-inc-nyse-114232255.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"EXPD","symbol_name":"康捷国际物流","start_time":0,"source_url":"https://finance.yahoo.com/news/expeditors-international-washington-inc-nyse-114232255.html","article_id":"2481747331","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/CGOxaHjnDUfozYQ8rIP9ZA--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/de08ce5a09ed74f962345d43f617cd22"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481747331","pubTimestamp":1731066152,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"As you might know, Expeditors International of Washington, Inc.  just kicked off its latest third-quarter results with some very strong numbers. Statutory earnings performance was extremely strong, with revenue of US$3.0b beating expectations by 21% and earnings per share  of US$1.63, an impressive 22%ahead of expectations. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"EXPD":"康捷国际物流","WASH":"华盛顿信托银行","NYSE":"纽交所"},"translate_title":"Expeditors International of Washington,Inc.(NYSE：EXPD)每股收益刚刚超出22%：以下是分析师对明年的预测","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EXPD":1,"NYSE":1,"WASH":1},"content_text":"As you might know, Expeditors International of Washington, Inc. (NYSE:EXPD) just kicked off its latest third-quarter results with some very strong numbers. Statutory earnings performance was extremely strong, with revenue of US$3.0b beating expectations by 21% and earnings per share (EPS) of US$1.63, an impressive 22%ahead of expectations. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year. \n See our latest analysis for Expeditors International of Washington \n\n\n\n  NYSE:EXPD Earnings and Revenue Growth November 8th 2024\n \n\n Taking into account the latest results, the most recent consensus for Expeditors International of Washington from 13 analysts is for revenues of US$10.4b in 2025. If met, it would imply a credible 4.6% increase on its revenue over the past 12 months. Per-share earnings are expected to increase 4.1% to US$5.45. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$9.89b and earnings per share (EPS) of US$5.34 in 2025. It looks like there's been a modest increase in sentiment following the latest results, withthe analysts becoming a bit more optimistic in their predictions for both revenues and earnings. \n Despite these upgrades,the analysts have not made any major changes to their price target of US$117, suggesting that the higher estimates are not likely to have a long term impact on what the stock is worth. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. There are some variant perceptions on Expeditors International of Washington, with the most bullish analyst valuing it at US$132 and the most bearish at US$85.00 per share. Analysts definitely have varying views on the business, but the spread of estimates is not wide enough in our view to suggest that extreme outcomes could await Expeditors International of Washington shareholders. \n These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Expeditors International of Washington's past performance and to peers in the same industry. It's pretty clear that there is an expectation that Expeditors International of Washington's revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 3.6% growth on an annualised basis. This is compared to a historical growth rate of 4.7% over the past five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 4.7% annually. Factoring in the forecast slowdown in growth, it seems obvious that Expeditors International of Washington is also expected to grow slower than other industry participants. \nThe Bottom Line \n The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Expeditors International of Washington following these results. Fortunately, they also upgraded their revenue estimates, although our data indicates it is expected to perform worse than the wider industry. The consensus price target held steady at US$117, with the latest estimates not enough to have an impact on their price targets. \n With that in mind, we wouldn't be too quick to come to a conclusion on Expeditors International of Washington. Long-term earnings power is much more important than next year's profits. We have estimates - from multiple Expeditors International of Washington analysts - going out to 2026, and you can see them free on our platform here. \n You can also see our  analysis of Expeditors International of Washington's Board and CEO remuneration and experience, and whether company insiders have been buying stock. \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. 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