Expeditors Int'l (EXPD) Tops Q2 EPS by 11c
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Expeditors Reports First Quarter 2018 EPS of $0.76
May 8, 2018 8:30 AM EDTSEATTLE, May 08, 2018 (GLOBE NEWSWIRE) -- Expeditors International of Washington, Inc. (NASDAQ: EXPD) today announced first quarter 2018 financial results including the following highlights compared to the same quarter of 2017:
Diluted Net Earnings Attributable to Shareholders per share (EPS1) increased 49% to $0.76Net Earnings Attributable to Shareholders increased 45% to $136 millionOperating Income increased 32% to $193 millionRevenues increased 20% to $1.9 billionNet Revenues2 increased 21% to $636 millionAirfreight tonnage volume and ocean container volume both increased 5%Building from a strong second half of 2017, we continued to execute well across all of our... More
