earnings
confidence high
sentiment positive
materiality 0.80
Expeditors Q4 EPS $1.68 (+54% YoY); revenue $3.0B (+30%); volume growth in air and ocean
EXPEDITORS INTERNATIONAL OF WASHINGTON INC
2024-FY EPS reported
$5.72
revenue$10,600,515,000
- Diluted EPS $1.68, up 54% YoY; net earnings $236M, up 49%.
- Revenue $3.0B, +30% YoY; operating income $301M, +51%.
- Airfreight tonnage +11%, ocean container volume +14% YoY.
- Management cites strong Asia demand, e-commerce, capacity constraints, Red Sea disruptions.
- CEO: limited visibility; positive about performance in chaotic conditions.