Expeditors Int'l (EXPD) Misses Q1 EPS by 1c
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Expeditors Reports First Quarter 2016 EPS of $0.53 Per Share1
May 3, 2016 9:05 AM EDTSEATTLE--(BUSINESS WIRE)-- Expeditors International of Washington, Inc. (NASDAQ: EXPD) today announced first quarter 2016 financial results including the following highlights compared to the same quarter of 2015:
Diluted Net Earnings Attributable to Shareholders per share decreased 4% to $0.53 Net Earnings Attributable to Shareholders decreased 9% to $97 million Operating Income decreased 10% to $152 million Net Revenues2 decreased 2% to $517 million while yields expanded 489 basis points to 36.5% Airfreight tonnage volume decreased 9% and ocean container volume decreased 3% Revenues decreased... More