Core Viewpoint - Expeditors International (EXPD) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a strong history of exceeding expectations [1][6]. Earnings Performance - The company has a solid track record of surpassing earnings estimates, with an average surprise of 20.02% over the last two quarters [2]. - In the most recent quarter, Expeditors reported earnings of $1.68 per share, exceeding the expected $1.43 per share by 17.48%. In the previous quarter, it reported $1.63 per share against an estimate of $1.33 per share, resulting in a surprise of 22.56% [3]. Earnings Estimates and Predictions - Recent estimates for Expeditors International have been revised upward, indicating positive sentiment among analysts. The Zacks Earnings ESP for the company is currently positive, suggesting a strong likelihood of an earnings beat [6][9]. - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have historically produced positive surprises nearly 70% of the time, indicating a high probability of exceeding consensus estimates [7]. Earnings ESP and Zacks Rank - Expeditors International has an Earnings ESP of +1.66%, reflecting recent bullish revisions by analysts regarding the company's earnings prospects. This, combined with a Zacks Rank of 2 (Buy), suggests a strong potential for another earnings beat [9]. - The Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate being more reflective of the latest analyst insights [8].

Core Viewpoint - Expeditors International (EXPD) has shown a slight increase in share price, outperforming the S&P 500, and there is speculation about whether this positive trend will continue leading up to the next earnings release [1] Group 1: Earnings Report and Market Reaction - The last earnings report for Expeditors International was about a month ago, during which shares increased by approximately 0.1% [1] - Estimates for the company have trended upward over the past month, with a consensus estimate shift of 6.22% [2] Group 2: VGM Scores and Investment Strategy - Expeditors International has an average Growth Score of C, a Momentum Score of A, and a Value Score of D, placing it in the bottom 40% for the value investment strategy [3] - The overall aggregate VGM Score for the stock is D, which is significant for investors not focused on a single strategy [3] Group 3: Future Outlook - The upward trend in estimates and the magnitude of revisions are viewed positively, leading to a Zacks Rank of 2 (Buy) for Expeditors International [4] - An above-average return is expected from the stock in the coming months [4]

Core Insights - Expeditors International (EXPD) is outperforming the Transportation sector, with a year-to-date return of approximately 5.5% compared to the sector's average return of -1.9% [4] - The Zacks Rank for Expeditors International is 2 (Buy), indicating a positive outlook based on earnings estimates and revisions [3] - The Transportation group ranks 14 out of 16 in the Zacks Sector Rank, with Expeditors International being one of 130 companies in this group [2] Company Performance - Over the past three months, the Zacks Consensus Estimate for EXPD's full-year earnings has increased by 2.5%, reflecting improved analyst sentiment [4] - Expeditors International belongs to the Transportation - Services industry, which has an average year-to-date loss of 5.3%, indicating that EXPD is performing better than its industry peers [6] Industry Context - The Transportation - Services industry is currently ranked 199 in the Zacks Industry Rank, while the Transportation - Shipping industry, which includes Frontline (FRO), is ranked 206 with a year-to-date loss of 6.6% [6] - Frontline has also shown strong performance with a year-to-date return of 12.1% and a Zacks Rank of 2 (Buy) [5]

Core Viewpoint - DHL Group Sponsored ADR (DHLGY) is currently viewed as a better value opportunity compared to Expeditors International (EXPD) based on various financial metrics and analyst outlooks [1] Valuation Metrics - DHLGY has a forward P/E ratio of 13.37, significantly lower than EXPD's forward P/E of 22.15, indicating that DHLGY may be undervalued [5] - The PEG ratio for DHLGY is 2.64, while EXPD's PEG ratio is 5.09, suggesting that DHLGY offers better value when considering expected earnings growth [5] - DHLGY's P/B ratio stands at 2.27, compared to EXPD's P/B of 7.59, further supporting the notion that DHLGY is more attractively priced relative to its book value [6] Analyst Outlook - DHLGY has a Zacks Rank of 2 (Buy), indicating a more favorable earnings estimate revision trend compared to EXPD, which has a Zacks Rank of 3 (Hold) [3] - The improving earnings outlook for DHLGY enhances its attractiveness as a value investment [7]

Revenue Composition - Airfreight services accounted for approximately 34% of Expeditors' total revenues in 2024, compared to 35% in 2023[38] - Ocean freight services accounted for approximately 30% of total revenues in 2024, up from 25% in 2023[47] - Customs brokerage and other services represented about 36% of total revenues in 2024, down from 40% in 2023[55] Company Operations - The company operates 172 district offices globally, with 70 in the Americas, 45 in Europe, and 17 in North Asia[25][26] - Expeditors has approximately 18,000 employees and focuses on organic growth rather than acquisitions, although it may acquire technology or specialized expertise when necessary[23] - Expeditors employed more than 18,000 people as of December 31, 2024, with approximately 12,000 in international locations[65] Strategic Focus - Expeditors' strategic plan includes focusing on the right markets and customers to achieve sustainable and profitable growth[30] - The company emphasizes organic growth supplemented by select strategic acquisitions, contrasting with competitors who rely on aggressive mergers and acquisitions[74] - Expeditors is committed to maintaining a strong corporate culture and investing in employee training to adapt to market changes[29] Technology and Innovation - The company emphasizes a single enterprise technology platform to enhance logistics operations and provide comprehensive visibility and advanced analytics[31][34] - Expeditors' management is focused on developing innovative solutions to meet sophisticated supply chain requirements, investing in technology and digital solutions[73] - Expeditors supports customers' supply chain strategies through digital products, including quoting, booking, and data analytics, enhancing customer retention[70] Customer Service and Solutions - The company provides tailored logistics solutions by understanding customer-specific processes and objectives[35] - Expeditors emphasizes quality customer service and compliance, believing its prices are competitive in the market[69] - The logistics services offered include airfreight, ocean freight, customs brokerage, and warehousing, with a focus on optimizing supply chains for diverse industries[10][38] Market Environment - The company operates in a highly competitive global logistics services industry, with significant competition from both large firms and niche players[68] - Supply chain disruptions have led many companies to focus on building resiliency and agility in their supply chains, indicating a competitive market landscape[72] - The logistics services industry remains intensely competitive, with many companies vying for market share, including new technology-based entrants[68] Financial Management - Expeditors' pricing model is flexible, with fixed pricing arrangements for a portion of forecasted commitments and spot market pricing negotiated at regional levels[53] - The company anticipates continued trends in supply-chain efficiency and cost reduction among its customers, impacting pricing and capacity management[46] - The company faces risks from currency volatility and inflation, which have led to rising labor costs and service provider rate increases since 2021[76][77] Environmental Commitment - The company is committed to reducing its environmental impact and has been disclosing its Scope 1 and Scope 2 greenhouse gas emissions data since 2010[87] - Expeditors actively monitors climate-related risks and participates in initiatives like SmartWay to track and reduce freight emissions[88] Leadership and Governance - Expeditors' executive leadership includes Jeffrey S. Musser as CEO, with planned transitions in leadership roles set for 2025[97][98] - Daniel R. Wall appointed as President, Global Geographies and Operations effective January 1, 2024, and will become President and CEO on April 1, 2025[98] - Blake R. Bell promoted to President, Global Products and will take on the role of President, Global Business Development effective January 1, 2025[99] Risk Management - Expeditors has a total risk retained of $5 million in 2024 for cargo legal liability insurance covering claims for losses attributable to missing or damaged shipments[95] - Future fuel price volatility may impact revenues and operating income if increases cannot be passed through to customers[78] - The company maintains satisfactory relationships with service providers, which is crucial for operations, especially amid regulatory changes and security concerns[75]

Leadership Transition - Expeditors International of Washington, Inc. has appointed Daniel R. Wall as the next president and CEO, effective April 1, 2025, succeeding Jeffrey S. Musser who will step down on March 31, 2025 [1][2] - Bob Carlile, chairman of the board, praised both Musser and Wall for their long and distinguished careers within the company, highlighting their leadership qualities [3] Jeffrey S. Musser's Tenure - Musser joined Expeditors at the age of 16 and has had a 42-year career, becoming CEO in 2014 and overseeing significant growth from $6.1 billion in revenues and 14,000 employees in 2013 to $10.6 billion in revenues and over 18,000 employees in 2024 [4][5] - Under Musser's leadership, the company returned $9.6 billion to shareholders through dividends and share repurchases, and increased earnings per share by 240% [4] Daniel R. Wall's Background - Wall has been with Expeditors since March 1987, holding various leadership positions, including president of Global Products and Global Services, and most recently president of Global Geographies and Operations [6][7] - His extensive experience and proven leadership skills are expected to enhance the company's operations and competitive position in the industry [7]

Core Viewpoint - The article presents a positive outlook on Expeditors (NYSE: EXPD), emphasizing the company's strong valuation and competitive advantages [1]. Company Analysis - Expeditors is perceived to have a competitive moat, which contributes to its strong market position [1]. - The author has a long-term investment perspective, having invested personal and family funds for over 20 years, indicating a deep understanding of market dynamics [1]. Analyst's Position - The analyst holds a beneficial long position in Expeditors shares, either through stock ownership or derivatives, reflecting confidence in the company's future performance [2].

Wall Street analysts forecast that Expeditors International (EXPD) will report quarterly earnings of $1.43 per share in its upcoming release, pointing to a year-over-year increase of 31.2%. It is anticipated that revenues will amount to $2.62 billion, exhibiting an increase of 15.1% compared to the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this ...

Expeditors International of Washington (EXPD) is scheduled to report its fourth-quarter 2024 results on Feb. 18, before market open.See the Zacks Earnings Calendar to stay ahead of market-making news.The company has an encouraging earnings surprise history. It surpassed the Zacks Consensus Estimate in three of the preceding four quarters and missed once. The average beat is 4.8%.The Zacks Consensus Estimate for EXPD’s soon-to-be-reported quarter’s earnings is pegged at $1.43 per share, revised upward by 2.9 ...

Expeditors International of Washington (EXPD) Update / Briefing January 28, 2025 11:00 AM ET Company Participants Sarah Maas - Regional Sales OperationsJamie Childress - Regional Risk & Insurance Manager Sarah Maas Alright. So it is 10 o'clock. So we'll get started. So for those of you who have just joined, thank you for joining us today for our IngoTerms Basics webinar. As you can see, we have a poll for you to answer. And my name is Sarah Mas, and I am the regional sales operations and marketing lead for ...