Expeditors International (EXPD) came out with quarterly earnings of $1.24 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.30 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this logistics services provider would post earnings of $1.10 per share when it actually produced earnings of $1.17, delivering a surprise of 6.36%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. ...

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. Likewise, this industry is essential for economic growth, which means that its constituents tend to grow in line with the economy. With the U.S. economy posting GDP growth of 2.8% in the three months to June and beating expectations, the outlook on transportation st ...

In its upcoming report, Expeditors International (EXPD) is predicted by Wall Street analysts to post quarterly earnings of $1.24 per share, reflecting a decline of 4.6% compared to the same period last year. Revenues are forecasted to be $2.17 billion, representing a year-over-year decrease of 2.9%. Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 4.1% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projecti ...

For the last reported quarter, it was expected that Expeditors International would post earnings of $1.10 per share when it actually produced earnings of $1.17, delivering a surprise of +6.36%. Bottom Line That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell bef ...

The company has a disappointing earnings history, having missed the Zacks Consensus Estimate in three of the preceding four quarters and surpassing once. The average miss is 3.44%. What Our Model Says Airfreight Services revenues tumbled 16.1% year over year to $759.37 million in the first quarter of 2024. Ocean freight and ocean services revenues decreased 18.1% to $570.78 million. Customs Brokerage and other services revenues fell 11.5% year over year to $876.51 million. CPA surpassed the Zacks Consensus ...

Investors in Expeditors International of Washington, Inc. (EXPD) need to pay close attention to the stock based on moves in the options market lately. That is because the Aug 16, 2024 $65.00 Put had some of the highest implied volatility of all equity options today. What do the Analysts Think? Looking to Trade Options? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting ...

HT T 100 - 100 1 i T 1 Global freight rates continue to incur volatility and have stretched back towards 2022 highs. The containerized freight index shown in Figure 1, has lifted to 3,379 points from a range of 1,000 leading into the year. The last time this occurred in 2022, those in the air freight and marine logistics industries saw tremendous repricing And managed to return mouthwatering sons of capital to their shareholders by way of dividends and buyback. This is a highly competitive industry where ev ...

Apart from high interest rates, the freight market downturn, driven by excess freight capacity than freight volumes, has hit the sector hard. Continuous erosion with respect to freight demand can be made out of the fact that the Cass Freight Shipments Index declined 1.3% month over month in April. This measure deteriorated month over month in five of the last six months, which confirms the overall declining trend. High fuel costs are hurting the bottom-line performances of transportation stocks, as fuel exp ...

A month has gone by since the last earnings report for Expeditors International (EXPD) . Shares have added about 8.1% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Expeditors International due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Expeditors' Beats on Q1 Ea ...

Did you analyze how Expeditors International (EXPD) fared in its international operations for the quarter ending March 2024? Given the widespread global presence of this logistics services provider, scrutinizing the trends in international revenues becomes imperative to assess its financial strength and future growth possibilities. In today's increasingly interconnected global economy, a company's ability to tap into international markets can be a pivotal factor in shaping its overall financial health and g ...