earnings
confidence high
sentiment positive
materiality 0.80
Expeditors Q2 EPS $2.03 (+51% YoY), revenue $3.5B (+32%)
EXPEDITORS INTERNATIONAL OF WASHINGTON INC
- Diluted EPS of $2.03, up 51% YoY; net earnings $266M (+45%); operating income $350M (+41%).
- Airfreight tonnage +14% YoY; ocean container volume flat; customs, transcon, distribution, order management all double-digit growth.
- Share repurchases of $461M in Q2; YTD dividends and buybacks total $748M returned to shareholders.
- CEO cites operational excellence driving market share; expanded Critical Logistics Services with AOG capabilities in July.