Expeditors Q3 EPS $1.63 (+41% YoY) on revenue $3.0B (+37%); volumes up double-digits

EXPEDITORS INTERNATIONAL OF WASHINGTON INC

2024-Q3 EPS reported $4.04 revenue$7,645,810,000

Diluted EPS of $1.63, up 41% from $1.16 in Q3 2023.
Net earnings attributable to shareholders of $230M, up 34%.
Operating income $302M, up 40%; revenue $3.0B, up 37%.
Airfreight tonnage increased 19% YoY; ocean container volume up 12%.
CEO cites volume gains from new and existing customers; cautious on future volatility.

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