{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-054162","form_type":"8-K","ticker":"EXPD","cik":"0000746515","company_name":"EXPEDITORS INTERNATIONAL OF WASHINGTON INC","filed_at":"2024-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.894817+00:00","generated_at":"2026-06-02T21:17:13.894732+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Expeditors Q1 EPS $1.17 (-19% YoY); revenue down 15% to $2.2B","bullets":["Net earnings attributable to shareholders fell 25% to $169M; operating income down 22% to $215M.","Revenue decreased 15% to $2.2B; airfreight tonnage up 4% YoY, ocean container volume up 2%.","CEO cites broad marketplace reset with growing carrier capacity and falling rates, impacting profitability.","Global conflicts, inflation, and uncertain demand continue to pressure the freight market."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-054162","json":"https://secwatch.observer/filing/0000950170-24-054162.json","markdown":"https://secwatch.observer/filing/0000950170-24-054162.md","text":"https://secwatch.observer/filing/0000950170-24-054162.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/746515/000095017024054162/0000950170-24-054162-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/746515/000095017024054162/expd-20240507.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T21:17:13.894732+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"423370e4972cce95945829a4134054db8f6af597","claim":"EXPEDITORS INTERNATIONAL OF WASHINGTON INC reported first quarter 2024 results: revenue $2.2 billion, net income $169 million, EPS $1.17.","evidence_excerpt":"Expeditors International of Washington, Inc. (NYSE:EXPD) today announced first quarter 2024 financial results including the following comparisons to the same quarter of 2023: • Diluted Net Earnings Attributable to Shareholders per share (EPS 1 ) decreased 19% to $1.17 • Net Earnings Attributable to Shareholders decreased 25% to $169 million • Operating Income decreased 22% to $215 million • Revenues decreased 15% to $2.2 billion","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/746515/000095017024054162/0000950170-24-054162-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2024"},{"label":"Revenue","value":"$2.2 billion"},{"label":"Net income","value":"$169 million"},{"label":"EPS","value":"$1.17"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}