Expeditors International: Q1 Earnings Snapshot

SEATTLE (AP) — SEATTLE (AP) — Expeditors International of Washington Inc. (EXPD) on Tuesday reported first-quarter earnings of $169.2 million.

The Seattle-based company said it had net income of $1.17 per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.10 per share.

The logistics services provider posted revenue of $2.21 billion in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $2.17 billion.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EXPD at https://www.zacks.com/ap/EXPD

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