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
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
