Expeditors International of Washington Inc reports results for the quarter ended in September 30 - Earnings Summary

• Expeditors International of Washington Inc EXPD.N reported quarterly adjusted earnings of $1.63​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $1.24. The mean expectation of fifteen analysts for the quarter was for earnings of $1.35 per share. Wall Street expected results to range from $1.18 to $1.78 per share.

• Revenue rose 37% to $3.00 billion from a year ago; analysts expected $2.44 billion.

• Expeditors International of Washington Inc's reported EPS for the quarter was $1.63​.

• The company reported quarterly net income of $229.57 million.

• Expeditors International of Washington Inc shares had fallen by 7.1% this quarter and lost 4.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 3.1% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 10 "hold" and 7 "sell" or "strong sell."

• The average consensus recommendation for the courier, postal, air freight & land-based logistics peer group is also "hold"

Wall Street's median 12-month price target for Expeditors International of Washington Inc is $117.50

This summary was machine generated from LSEG data November 6 at 05:07 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)