Expeditors Int'l (EXPD) Tops Q2 EPS by 1c

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Go back to Expeditors Int'l (EXPD) Tops Q2 EPS by 1c

Expeditors Reports Second Quarter 2018 EPS of $0.79

August 7, 2018 8:30 AM EDT

SEATTLE, Aug. 07, 2018 (GLOBE NEWSWIRE) -- Expeditors International of Washington, Inc. (NASDAQ: EXPD) today announced second 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 32% to $0.79Net Earnings Attributable to Shareholders increased 29% to $141 millionOperating Income increased 9% to $184 millionRevenues increased 17% to $2.0 billionNet Revenues2 increased 14% to $643 millionAirfreight tonnage volume increased 4% and ocean container volume increased 1%

We continued to add profitable growth from new and existing customers during the quarter, particularly... More