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NASDAQ:EXPD

Expeditors International of Washington 8/8/2023 Earnings Report

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$113.42 -1.56 (-1.36%)
Closing price 03:59 PM Eastern
Extended Trading
$113.33 -0.09 (-0.08%)
As of 04:30 PM Eastern
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Expeditors International of Washington EPS Results

Actual EPS
$1.30
Consensus EPS
$1.34
Beat/Miss
Missed by -$0.04
One Year Ago EPS
$2.27

Expeditors International of Washington Revenue Results

Actual Revenue
$2.24 billion
Expected Revenue
$2.65 billion
Beat/Miss
Missed by -$408.16 million
YoY Revenue Growth
-51.30%

Expeditors International of Washington Announcement Details

Quarter
Time
Before Market Opens
Conference Call Date
N/A
Conference Call Time
N/A

Conference Call Resources

Expeditors International of Washington Earnings Headlines

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About Expeditors International of Washington

Expeditors International of Washington (NASDAQ:EXPD) (NASDAQ: EXPD) is a global logistics company that provides comprehensive supply chain solutions to customers across a wide range of industries. Founded in 1979 and headquartered in Seattle, Washington, Expeditors has built a reputation for offering tailored services in freight forwarding, customs brokerage, transportation management, and distribution. By leveraging its in-house IT capabilities, the company delivers real-time shipment visibility and data analytics to help clients optimize their logistics operations.

The company’s core offerings include air and ocean freight forwarding, customs clearance, vendor consolidation, cargo insurance, and warehousing. Expeditors operates a network of offices and facilities in more than 100 countries, allowing it to coordinate multi-modal shipments and navigate complex regulatory environments on behalf of importers and exporters. Its customs brokerage services span entry clearance, trade compliance, and advisory support, ensuring timely and cost-effective movement of goods across international borders.

Expeditors serves a diverse client base, including electronics manufacturers, pharmaceutical companies, retailers, and technology firms. By integrating transportation, compliance, and distribution services under one platform, the company aims to reduce supply chain risks and improve overall efficiency. Its proprietary information systems enable customers to track shipments, access performance metrics, and analyze logistics data through a single interface, fostering greater transparency and control.

Leadership at Expeditors emphasizes a decentralized operating model, with team members empowered to make decisions at local offices while adhering to global standards. The company’s long-tenured executive team has overseen steady network expansion and technology investments that support scalable growth. As a privately owned, publicly traded firm, Expeditors continues to focus on operational excellence, maintaining strong ties with carriers and regulatory agencies to deliver seamless logistics solutions around the world.

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