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

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

Expeditors Reports Fourth Quarter 2016 EPS of $0.61

February 21, 2017 8:30 AM EST

SEATTLE, Feb. 21, 2017 (GLOBE NEWSWIRE) -- Expeditors International of Washington, Inc. (NASDAQ: EXPD) today announced fourth quarter 2016 financial results including the following highlights compared to the same quarter of 2015:

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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