分组1 - Expeditors International (EXPD) reported quarterly earnings of $1.64 per share, exceeding the Zacks Consensus Estimate of $1.4 per share, and showing a slight increase from $1.63 per share a year ago, resulting in an earnings surprise of +17.14% [1][2] - The company achieved revenues of $2.89 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 7.84%, although this represents a decline from year-ago revenues of $3 billion [2] - Over the last four quarters, Expeditors International has consistently surpassed consensus EPS and revenue estimates [2] 分组2 - The stock has gained approximately 10.6% since the beginning of the year, while the S&P 500 has increased by 16.5% [3] - The current consensus EPS estimate for the upcoming quarter is $1.29 on revenues of $2.66 billion, and for the current fiscal year, it is $5.54 on revenues of $10.66 billion [7] - The Zacks Industry Rank indicates that the Transportation - Services sector is currently in the bottom 10% of over 250 Zacks industries, which may impact stock performance [8]

Industry Overview - The Zacks Transportation sector is diverse, including airlines, railroads, package delivery companies, and truckers, with S&P 500 members expected to see a 5.9% year-over-year decline in third-quarter 2025 earnings and a 4.4% drop in revenues [1] - The recent decline in oil prices, which fell 4.2% during the July–September period, is beneficial for the transportation sector as fuel is a major operating expense, supporting margin expansion [3] - Ongoing cost-control efforts amid soft freight demand and the strength of e-commerce are expected to contribute positively to profitability in the sector [4] Company Performance - Expeditors International of Washington (EXPD) is expected to report better-than-expected earnings despite challenges like weak freight demand and declining rates, with an Earnings ESP of +1.43% and a Zacks Rank of 3 [9] - Air Lease Corporation (AL) has an Earnings ESP of +15.63% and is anticipated to benefit from steady growth in its fleet and higher end-of-lease revenues, having beaten the Zacks Consensus Estimate in the last four quarters with an average beat of 11.8% [11][12] - GXO Logistics (GXO) is projected to report positive results driven by increased e-commerce and cost-cutting efforts, with an Earnings ESP of +0.18% and a Zacks Rank of 3, having surpassed the Zacks Consensus Estimate in the last four quarters with an average beat of 5.3% [13][14] Market Dynamics - U.S. airlines are experiencing steady air travel demand despite economic headwinds, while shipping companies are showing resilience against inflation and trade tensions, particularly those focusing on operational efficiency [5] - The combination of a positive Earnings ESP and a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) is suggested as a method to identify stocks with high chances of delivering positive earnings surprises, with odds as high as 70% for stocks with this mix [7]

Seattle, Washington-based Expeditors International of Washington, Inc. (EXPD) is a leading third-party logistics provider. With a market cap of $16.3 billion, Expeditors offers global logistics management, including international freight forwarding and consolidation, for both air and ocean freight. The logistics giant is set to announce its third-quarter results before the market opens on Tuesday, Nov. 4. Ahead of the event, analysts expect EXPD to deliver an adjusted profit of $1.40 per share, down 14.1% ...

Company Overview - CryoPort, Inc. (CYRX) shares increased by 7% to $10.71 in the last trading session, with a notable trading volume, and have gained 12.9% over the past four weeks [1] - The company has shown strong revenue performance this year, supported by its expansion efforts, including the opening of a global supply chain center in Paris [1] Financial Performance - The upcoming quarterly report is expected to show a loss of $0.23 per share, reflecting a year-over-year decline of 1050%, with revenues projected at $40.84 million, down 27.9% from the previous year [2] - The consensus EPS estimate for CryoPort has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without earnings estimate revisions [3] Industry Context - CryoPort is categorized under the Zacks Transportation - Services industry, which includes other companies like Expeditors International (EXPD) [4] - Expeditors International's consensus EPS estimate has changed by +0.5% over the past month to $1.4, representing a 14.1% decrease from the previous year [5]

Core Insights - The Zacks Transportation-Services industry is currently facing significant challenges due to low freight rates, high inflation, and ongoing supply-chain disruptions, compounded by tariff-related uncertainties and geopolitical issues [1][4][6]. Industry Overview - The Zacks Transportation-Services industry encompasses companies that provide transportation, logistics, leasing, and maintenance services, with a focus on global logistics management and third-party logistics solutions [3]. - The health of this industry is closely tied to the overall economy, with improvements in manufactured and retail goods, pricing, and global economic conditions benefiting industry participants [3]. Current Trends - **Freight Downturn**: The Cass Freight Shipments Index has declined by 9.3% year over year in August, indicating a persistent downturn in freight demand [4]. - **Cost Pressures**: The industry is experiencing rising cost pressures due to labor shortages and increased expenses for equipment and services, which are eroding profit margins [5]. - **Tariff Turmoil**: Protectionist tariff policies are reshaping the industry by increasing costs and disrupting supply chains, leading to uncertainties for investors [6]. - **Fed Rate Cuts**: The U.S. Federal Reserve's recent interest rate cut of 25 basis points may provide relief by lowering borrowing costs for transportation service providers [7]. Industry Performance - The Zacks Transportation-Services industry ranks 210 out of 243 Zacks industries, placing it in the bottom 14% and indicating dismal near-term prospects [8][9]. - The industry has underperformed compared to the S&P 500 and the broader Transportation sector, declining by 13.4% over the past year, while the S&P 500 has appreciated by 18.3% [11]. Valuation Metrics - The industry is currently trading at a forward price-to-sales ratio of 1.3X, significantly lower than the S&P 500's 5.42X and the sector's 1.51X [14]. Notable Companies - **Expeditors International of Washington (EXPD)**: Currently holds a Zacks Rank 3 (Hold) and has consistently beaten earnings estimates, although it faces challenges from weak volumes and declining rates [18]. - **C.H. Robinson Worldwide (CHRW)**: Also holds a Zacks Rank 3, with strong cost control measures and a positive liquidity position, having surpassed earnings estimates consistently [22]. - **Matson (MATX)**: Headquartered in Honolulu, MATX carries a Zacks Rank 3 and has implemented effective cost-management actions, achieving earnings beats in three of the last four quarters [25].

Core Insights - Washington, Inc. (Expeditors International of Washington, Inc., NYSE:EXPD) is recognized as one of the 11 Best Value Dividend Stocks to buy currently [1] - The company operates as a global logistics and freight forwarding firm, providing air, ocean, and customs brokerage services, focusing on managing carrier relationships and advancing proprietary technology [2] - Expeditors has a strong dividend profile, currently offering a quarterly dividend of $0.77 per share, with a 5.5% increase in May, marking 31 years of dividend growth and a yield of 1.26% as of September 26 [3] Company Operations - The company emphasizes collaboration with air and ocean carriers to secure capacity and control costs, while investing in in-house technology for shipment tracking and real-time analytics [4] - Long-term success is tied to navigating complex regulatory requirements and maintaining a compliance-focused culture that ensures reliable customer service [4]

Core Insights - Expeditors International of Washington, Inc. is a leading global logistics and supply chain services company with a market capitalization of $16.3 billion, providing a range of services including freight forwarding, customs brokerage, and warehousing [1][2] Company Performance - The stock of Expeditors International is currently 8.7% below its 52-week high of $131.59, reached on September 30, 2024, and has gained 6.3% over the past three months, underperforming the Nasdaq Composite's 15.8% rise during the same period [3] - Year-to-date, the stock has gained 8.5% but has declined 4.4% over the past 52 weeks, while the Nasdaq Composite has seen gains of 17.2% YTD and 25.6% over the past year [4] - The stock has shown signs of recovery after a period of volatility, climbing above its 50-day moving average in May and surpassing the 200-day line by August, indicating a bullish trend [4] Market Challenges - The company has faced challenges such as weakness in freight demand, trade uncertainties, tariff risks, and margin pressures, which have negatively impacted investor sentiment [5] - Despite these challenges, Expeditors reported stronger Q2 results, with revenue rising 9% year-over-year to $2.7 billion and EPS increasing by 8% to $1.34, leading to a 2.1% increase in shares in the following trading session [6]

Core Insights - Expeditors (NYSE: EXPD) is a global logistics service provider facing challenges due to revenue normalization post-pandemic, geopolitical conflicts, and disruptions in shipping transit [1] Group 1: Company Overview - Expeditors has been impacted by a demand shock driven by the pandemic, leading to ongoing operational challenges [1] - The company is dealing with disruptions caused by Houthi rebels and low water levels at the Panama Canal, affecting shipping transit [1] Group 2: Market Context - The logistics industry is currently navigating a complex environment characterized by geopolitical tensions and environmental factors that disrupt traditional shipping routes [1]

Summary of Expeditors International of Washington (EXPD) Update / Briefing August 20, 2025 Industry Overview - The briefing focuses on the U.S. Customs market, highlighting recent trade actions and tariff updates affecting various industries, particularly in logistics and import/export sectors [6][7][8]. Key Points and Arguments Recent U.S. Trade Actions - Significant changes in tariffs were discussed, including: - New reciprocal tariffs for 95 countries effective August 7, with rates ranging from 15% to 40% [9][10]. - China and Hong Kong's reciprocal tariffs remain at 10%, with specific exemptions until November 9 [10][17]. - A major announcement regarding steel and aluminum tariffs was made, affecting 753 HTS numbers, with a 50% duty on steel and aluminum derivative products [23][24][25]. Impact of Tariffs - The new tariffs have broad implications, affecting various products including packaging materials, which are now subject to the same tariffs as the goods they contain [26][27]. - Importers must provide detailed documentation regarding the origin of materials, including melt pour and smelt countries, to determine duty rates [29][30]. Legal and Regulatory Developments - Ongoing investigations under Section 232 and Section 301 are being monitored, with potential implications for national security and trade practices [45][46]. - The legal status of IEPA tariffs is uncertain, with a court ruling indicating they may not be lawful, but they remain in effect during appeals [55][56]. Changes in Low-Value Entry Environment - Effective August 29, all low-value packages must file either an informal or formal entry, with potential duties and fees based on the country of origin [49][50]. - New regulations from the Universal Postal Union will require a six-digit tariff code on customs declarations starting September 1 [51]. Customs Enforcement and Compliance - U.S. Customs and Border Protection (CBP) has enhanced its enforcement capabilities, utilizing advanced data analytics and AI to validate import declarations [76][77]. - There has been a significant increase in duties collected, with CBP recovering $25.6 billion from entry summary reviews in fiscal year 2025 [84]. Bond Sufficiency Concerns - CBP has issued over 4,000 bond insufficiency letters in 2025, indicating that many importers need to reassess their bond coverage in light of increased duties [87][88]. Other Important Content - The briefing emphasized the need for importers to understand their supply chains in detail, particularly regarding the sourcing of materials and compliance with new regulations [63][67]. - The discussion included the importance of reasonable care in documentation and the potential for increased scrutiny from customs authorities [68][70]. This summary encapsulates the critical updates and insights shared during the Expeditors International briefing, providing a comprehensive overview of the current landscape in U.S. customs and trade regulations.

Core Insights - United Parcel Service (UPS) and Expeditors International of Washington (EXPD) have both increased their dividends this year, demonstrating a commitment to shareholder returns despite economic uncertainties [1][3]. Dividend Analysis - UPS raised its quarterly cash dividend to $1.64 per share ($6.56 annualized) from $1.63 ($6.52 annualized) in February, while EXPD increased its quarterly semi-annual cash dividend by 5.5% from 73 cents to 77 cents in May, with a payout ratio of 25% and a five-year dividend growth rate of 8.4% [3][4]. - Concerns about the sustainability of UPS' dividends arise due to its elevated payout ratio, which indicates potential challenges in maintaining long-term dividend payments [4][6]. Financial Performance - UPS' free cash flow has declined from a peak of $9 billion in 2022, with projections indicating free cash flow of $6.3 billion at the end of 2024, barely covering its dividend payments of $5.4 billion [5][6]. - In contrast, EXPD's lower dividend payout ratio suggests a more sustainable dividend policy, alleviating concerns about its ability to maintain dividend payouts [6]. Price Performance Comparison - EXPD has shown resilience in the stock market, achieving an 8.3% year-to-date gain, while UPS has experienced a significant decline in stock price [8][10]. - UPS' poor performance is attributed to revenue weakness due to geopolitical uncertainties and high inflation affecting consumer sentiment [12]. Operational Metrics - EXPD's recent strength is linked to a 7% year-over-year increase in airfreight tonnage and ocean container volume, alongside effective cost-cutting measures [13]. - The Zacks Consensus Estimate for EXPD's 2025 sales indicates a slight increase of 0.3%, while UPS' 2025 sales estimate suggests a decrease of 3.9% [14][15]. Valuation Insights - EXPD is trading at a forward sales multiple of 1.54X, while UPS has a forward sales multiple of 0.84X, indicating that EXPD is perceived as more expensive [17]. - Despite both companies focusing on dividends, EXPD's lower payout ratio and better price performance suggest it may be a more attractive investment compared to UPS [18][19].