Why Expeditors International (EXPD) is Poised to Beat Earnings Estimates Again

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].