08.08.2023 14:35:21 - dpa-AFX: Expeditors International of Washington Inc. Q2 Income Retreats, misses estimates

SEATTLE (dpa-AFX) - Expeditors International of Washington Inc. (EXPD)
released a profit for second quarter that decreased from the same period last
year and missed the Street estimates.

The company's bottom line came in at $196.80 million, or $1.30 per share. This
compares with $377.81 million, or $2.27 per share, in last year's second
quarter.

Analysts on average had expected the company to earn $1.38 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 51.3% to $2.24 billion from $4.60
billion last year.

Expeditors International of Washington Inc. earnings at a glance (GAAP) :

-Earnings (Q2): $196.80 Mln. vs. $377.81 Mln. last year.
-EPS (Q2): $1.30 vs. $2.27 last year.
-Analyst Estimates: $1.38
-Revenue (Q2): $2.24 Bln vs. $4.60 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
EXPEDITORS INTL WASH.DL01 875272 Frankfurt 115,550 14.06.24 15:29:01 +0,350 +0,30% 0,000 0,000 115,100 115,550

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