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NASDAQ:EXPD

Expeditors International of Washington 2/20/2024 Earnings Report

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$123.85 +0.33 (+0.27%)
Closing price 03:59 PM Eastern
Extended Trading
$123.70 -0.15 (-0.12%)
As of 04:11 PM Eastern
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Expeditors International of Washington EPS Results

Actual EPS
$1.09
Consensus EPS
$1.21
Beat/Miss
Missed by -$0.12
One Year Ago EPS
$1.38

Expeditors International of Washington Revenue Results

Actual Revenue
$2.28 billion
Expected Revenue
$2.32 billion
Beat/Miss
Missed by -$45.91 million
YoY Revenue Growth
-33.80%

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) is a global logistics and freight forwarding company headquartered in Seattle, Washington. The firm specializes in providing tailored supply chain solutions that encompass air, ocean and ground transportation. Through an integrated service model, Expeditors coordinates and manages the movement of goods for a diverse customer base, including manufacturers, retailers and technology companies.

The company’s core offerings include customs brokerage, cargo insurance, distribution and warehousing services, as well as vendor consolidation and inventory management. By leveraging proprietary information technology platforms, Expeditors delivers real-time visibility and data analytics to optimize routing and reduce transit times. Its risk-management solutions cover compliance advisory and trade-service consulting to help clients navigate complex regulatory environments.

Founded in 1979 by Peter Rose, Robert J. Dix and Norman Jacobsen, Expeditors has grown from a regional freight forwarder into a multinational logistics provider. Today, it operates over 350 offices in more than 100 countries, with major regional hubs across the Americas, Europe, Asia-Pacific and the Middle East. The company’s global footprint allows it to serve both local and multinational customers with consistent service standards worldwide.

Under the leadership of President and Chief Executive Officer Jeffrey S. Musser, Expeditors continues to invest in technology-driven solutions and strategic partnerships. The company emphasizes a decentralized operating structure that empowers local teams to develop customized logistics strategies, reinforcing its reputation for reliability and customer service excellence in the international freight forwarding industry.

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