SEATTLE (AP) — SEATTLE (AP) — Expeditors International of Washington Inc. (EXPD) on Tuesday reported second-quarter profit of $175.5 million.
On a per-share basis, the Seattle-based company said it had profit of $1.24.
The results met Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was also for earnings of $1.24 per share.
The logistics services provider posted revenue of $2.44 billion in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $2.22 billion.
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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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