EXPD Stock Recent News

Many investors find transportation stocks unique due to their inherent qualities and vital role in the economy. Whether it's people or goods, transportation is a fundamental service with demand that tends to be resilient, even in softer markets.

Evaluate the expected performance of Expeditors International (EXPD) for the quarter ended June 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Based on our proprietary model, stocks like EXPD, CPA and ZIM are expected to beat second-quarter earnings estimates. Read on to know how these companies are placed ahead of the releases.

Expeditors International (EXPD) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Expeditors' (EXPD) Q2 bottom-line performance is likely to have been aided by the company's cost-cutting efforts.

Investors need to pay close attention to Expeditors (EXPD) stock based on the movements in the options market lately.

Global freight rates remain volatile and are surging towards 2022 highs, positioning those in the logistics industry well for repricing. Expeditors International of Washington, Inc. operates an asset-light model in the logistics industry with several competitive advantages. Despite challenges in Q1 FY 2024, EXPD has attractive economics and the potential to trade to $158 per share using conservative estimates.

Transportation stocks like GATX, FDX and EXPD have announced dividend hikes this year.

Expeditors International (EXPD) reported earnings 30 days ago. What's next for the stock?

The Zacks Industry Rank for the Transportation-Services industry paints a dull picture mainly owing to lackluster freight demand. We believe stocks like EXPD, MATX and DESP represent investment opportunities despite the crisis.