Expeditors Int'l (EXPD) Misses Q1 EPS by 4c

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Expeditors Reports First Quarter 2019 EPS of $0.80

May 7, 2019 8:30 AM EDT

SEATTLE--(BUSINESS WIRE)-- Expeditors International of Washington, Inc. (NASDAQ: EXPD) today announced first quarter 2019 financial results including the following highlights compared to the same quarter of 2018:

Diluted Net Earnings Attributable to Shareholders per share (EPS1) increased 5% to $0.80 Net Earnings Attributable to Shareholders increased 3% to $140 million Operating Income decreased 3% to $188 million Revenues increased 9% to $2.02 billion Net Revenues2 increased 3% to $654 million Airfreight tonnage volume decreased 4% and ocean container... More