EXPD Stock Recent News
EXPD LATEST HEADLINES
BELLEVUE, Wash.--(BUSINESS WIRE)--Expeditors International of Washington, Inc. (NYSE:EXPD) today announced fourth quarter 2024 financial results including the following comparisons to the same quarter of 2023: Diluted Net Earnings Attributable to Shareholders per share (EPS1) increased 54% to $1.68 Net Earnings Attributable to Shareholders increased 49% to $236 million Operating Income increased 51% to $301 million Revenues increased 30% to $3.0 billion Airfreight tonnage increased 11% and ocea.
Besides Wall Street's top -and-bottom-line estimates for Expeditors International (EXPD), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.
Expeditors' fourth-quarter bottom line is expected to have been hurt by elevated operating expenses.
Investors with an interest in Transportation - Services stocks have likely encountered both C.H. Robinson Worldwide (CHRW) and Expeditors International (EXPD).
ROE is a great indicator, perhaps the best indicator, of management skill in capital allocation. Expeditors has a long track record of high returns on equity and recently displayed additional discipline by returning large windfall profits to shareholders. The combination of a globally diversified revenue base, zero debt, and low capex, means the business should continue to enjoy excess cash flow for many years to come.
EXPD's top line is bolstered by strong segmental performance. However, geopolitical uncertainties and elevated operating expenses are major headwinds.
Expeditors International (EXPD) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Expeditors is benefiting from its shareholder-friendly approach. Robust liquidity is a tailwind.
Expeditors International (EXPD) reported earnings 30 days ago. What's next for the stock?
Investors with an interest in Transportation - Services stocks have likely encountered both Grupo Aeroportuario del Centro Norte (OMAB) and Expeditors International (EXPD). But which of these two companies is the best option for those looking for undervalued stocks?