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Expeditors International (EXPD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Weaker companies may wind up distressed, but higher-quality ones may get too pricey. Go for middle-ground quality, Goldman Sachs analysts suggest.
Expeditors International of Washington, Inc. (NASDAQ: EXPD), a leading provider of global logistics services, announced today that it has appointed Jose Ubeda to the new role of Senior Vice President, Digital Solutions. Ubeda has worked at Expeditors for more than 30 years, and has been leading the Global Air product since 2010. His new responsibilities include the development, deployment, sales and operations of Expeditors’ full suite of digital solutions.
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll look at Expeditors...
Expeditors International of Washington, Inc. (NASDAQ:EXPD) today announced first quarter 2020 financial results including the following highlights compared to the same quarter of 2019:
Expeditors International of Washington, Inc. (NASDAQ: EXPD) reported first-quarter net income of $122.3 million and $0.71 per share on Tuesday, May 5.Those figures compare with $139.7 million, or $0.80 per share during the first quarter of 2019, representing a 12.45% decline."Our first quarter [2020] performance was better than we might have expected, given the contraction in demand across geographies, as well as the severity and suddenness of the collapse in air carrier belly space and reduction in containership sailings," Jeffrey S. Musser, Expeditors International's president and chief executive officer, said in a statement.View more earnings on EXPDThe Seattle-based global third-party logistics provider posted revenues of $1.9 billion during the first quarter, a 6% decrease year-over-year. Operating Income decreased 15% to $159 million.Air freight tonnage volume decreased 7% and ocean container volume decreased 10%, according to the company. Company officials have attributed a large part of the declines to slowing trade with China, where Expeditors International gets more than a quarter of its business and profit."While there is talk of various markets starting to come back on line, the impact of COVID-19 continues to have an enormous impact on the global economic environment, to both supply and demand," Musser said.Expeditors International was founded in 1979. The company, which has 176 offices on six continents, arranges product shipments, oversees customs, and provides warehousing and distribution services.See more from Benzinga * Stifel Sees Decent Volumes Near Term, 2Q In Jeopardy(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Expeditors (EXPD) Q1 performance is likely to have been dampened by draining volumes due to the coronavirus outbreak.
Expeditors International of Washington, Inc. (NASDAQ: EXPD) a leading provider of global logistics solutions, announced today that it has appointed Kelly Blacker to the role of Senior Vice President, Global Air. Blacker has held several leadership positions over her 25-year career at Expeditors, and each new role has contributed to her depth of experience.
Expeditors' (EXPD) efforts to add shareholder value via dividend payouts and repurchases are appreciative.
Low volumes and supply chain disruptions amid COVID-19 pandemic is likely to get reflected on Expeditors' (EXPD) first-quarter 2020 results
Expeditors International of Washington, Inc. (NASDAQ:EXPD) investors will be delighted, with the company turning in...
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Expeditors International (EXPD) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Expeditors International of Washington, Inc. (NASDAQ: EXPD), today announced that on May 5, 2020, its Board of Directors declared a semi-annual cash dividend of $0.52 per share, payable on June 15, 2020 to shareholders of record as of June 1, 2020.
Expeditors International (EXPD) delivered earnings and revenue surprises of 4.41% and -0.04%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Expeditors International of Washington, Inc. (NASDAQ: EXPD) a leading provider of global logistics solutions, announced today that it has acquired Fleet Logistics’ Digital Platform. The purchase will support Expeditors’ online LTL shipping platform, Koho (gokoho.com), and aligns with Expeditors’ strategy and focus on Digital Solutions. Terms of the agreement were not disclosed.
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Expeditors' (EXPD) acquisition of Fleet Logistics' Digital Platform is likely to support the online LTL shipping platform.
Cowen & Co. analyst Jason Seidl reiterated a Hold rating on Expeditors International (NASDAQ:EXPD) Of Washington on Wednesday, setting a price target of $68, which is approximately 4.79% below the present share price of $71.42.