Expeditors Reports Second Quarter 2019 EPS of $0.88
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Expeditors Int'l (EXPD) Tops Q2 EPS by 6c
August 6, 2019 8:32 AM EDTExpeditors Int'l (NASDAQ: EXPD) reported Q2 EPS of $0.88, $0.06 better than the analyst estimate of $0.82. Revenue for the quarter came in at $2.04 billion versus the consensus estimate of $2.08 billion.
Diluted Net Earnings Attributable to Shareholders per share (EPS1) increased 11% to $0.88Net Earnings Attributable to Shareholders increased 9% to $153 millionOperating Income increased 5% to $192 millionRevenues increased 4% to $2 billionNet Revenues2 increased 3% to $662 millionAirfreight tonnage volume decreased 5% and ocean container volume increased 2%During the quarter and throughout the first half of the year, we have shown our ability to manage uncertainty... More
