Expeditors Reports Fourth Quarter 2016 EPS of $0.61

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Expeditors Int'l (EXPD) Tops Q4 EPS by 1c

February 21, 2017 8:37 AM EST

Expeditors Int'l (NASDAQ: EXPD) reported Q4 EPS of $0.61, $0.01 better than the analyst estimate of $0.60. Revenue for the quarter came in at $1.64 billion versus the consensus estimate of $1.63 billion.

Diluted Net Earnings Attributable to Shareholders per share (EPS1) remained constant at $0.61Net Earnings Attributable to Shareholders decreased 3% to $111 millionOperating Income decreased 3% to $172 millionRevenues increased 3% to $1.64 billionNet Revenues2 increased 2% to $549 millionAirfreight tonnage and ocean container volumes both increased 12% to record levels

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