Expeditors (EXPD) thrives with shareholder-friendly initiatives and strong liquidity but grapples with declining volumes and high capex challenges.Factors Favoring EXPDExpeditors impressively prioritizes shareholder value. Management announced a 15.5% increase in its semi-annual cash dividend in May 2022. Continuing its pro-shareholder approach, EXPD hiked its semi-annual cash dividend by a further 3% in 2023, adding up to 69 cents per share. The company actively pursued share buybacks, repurchasing 14.5 mi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-41871 EXPEDITORS INTERNATIONAL OF WASHINGTON, INC. (Exact name of registrant as specified in its charter) Washington 91-1069248 (State or other ...

Expeditors International of Washington’s (EXPD) fourth-quarter 2023 earnings of $1.09 per share missed the Zacks Consensus Estimate of $1.21. The bottom line plunged 21% year over year due to volume woes. Total revenues of $2.28 billion beat the Zacks Consensus Estimate of $2.24 billion but declined 33.8% year over year.Airfreight tonnage and ocean container volumes dipped 3% and 10%, respectively. We had expected airfreight tonnage and ocean container volumes to decline 7.7% and 9%, respectively, from four ...

Expeditors International (EXPD) reported $2.28 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 33.8%. EPS of $1.09 for the same period compares to $1.38 a year ago.The reported revenue represents a surprise of +1.88% over the Zacks Consensus Estimate of $2.24 billion. With the consensus EPS estimate being $1.21, the EPS surprise was -9.92%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations ...

SEATTLE--(BUSINESS WIRE)--Expeditors International of Washington, Inc. (NYSE:EXPD) today announced fourth quarter 2023 financial results including the following highlights compared to the same quarter of 2022: Diluted Net Earnings Attributable to Shareholders per share (EPS1) decreased 21% to $1.09 Net Earnings Attributable to Shareholders decreased 28% to $159 million Operating Income decreased 40% to $199 million Revenues decreased 34% to $2.3 billion Airfreight tonnage volume decreased 3% and ...

Wall Street analysts expect Expeditors International (EXPD) to post quarterly earnings of $1.21 per share in its upcoming report, which indicates a year-over-year decline of 12.3%. Revenues are expected to be $2.24 billion, down 35% from the year-ago quarter.The consensus EPS estimate for the quarter has been revised 0.2% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Prior to a ...

Expeditors International of Washington (EXPD) is scheduled to report fourth-quarter 2023 results on Feb 20, before market open.The company has an unimpressive earnings surprise history, having outperformed the Zacks Consensus Estimate in only one of the preceding four quarters and missing in the other three, the average miss being 9.39%. The Zacks Consensus Estimate for EXPD’s soon-to-be reported quarter’s earnings has increased 1.68% in the past 60 days to $1.21 per share.We expect Expeditors’ performance ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ☐ 1934 For the transition period from to Commission File Number: 0-13468 EXPEDITORS INTERNATIONAL OF WASHINGTON, INC. (Exact name of registrant as specified in its charter) Washington 91-1069248 (State o ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ☐ 1934 For the transition period from to Commission File Number: 0-13468 EXPEDITORS INTERNATIONAL OF WASHINGTON, INC. (Exact name of registrant as specified in its charter) Washington 91-1069248 (State or oth ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ☐ 1934 For the transition period from to Commission File Number: 0-13468 EXPEDITORS INTERNATIONAL OF WASHINGTON, INC. (Exact name of registrant as specified in its charter) Washington 91-1069248 (State or ot ...