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Expeditors International: Q3 Earnings Snapshot

Expeditors International: Q3 Earnings Snapshot

By AP News
Published - Nov 05, 2024, 08:37 AM ET
Last Updated - Dec 16, 2024, 05:40 PM EST

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.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.33 per share.

The logistics services provider posted revenue of $3 billion in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $2.37 billion.

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