Expeditors Int'l (EXPD) Tops Q1 EPS by 1c

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Go back to Expeditors Int'l (EXPD) Tops Q1 EPS by 1c

Expeditors Reports Second Quarter 2017 EPS of $0.60

August 8, 2017 8:30 AM EDT

SEATTLE, Aug. 08, 2017 (GLOBE NEWSWIRE) -- Expeditors International of Washington, Inc. (NASDAQ: EXPD) today announced second quarter 2017 financial results including the following highlights compared to the same quarter of 2016:

Diluted Net Earnings Attributable to Shareholders per share (EPS1) decreased 5% to $0.60Net Earnings Attributable to Shareholders decreased 6% to $109 millionOperating Income decreased 6% to $168 millionRevenues increased 13% to $1.7 billionNet Revenues2 increased 2% to $564 millionAirfreight tonnage volume increased 9% and ocean container volume increased 4%

Volumes remain strong across all of our services and we believe we continue to take profitable market... More