Expeditors Reports Fourth Quarter 2019 EPS of $0.79

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Go back to Expeditors Reports Fourth Quarter 2019 EPS of $0.79

Expeditors Int'l (EXPD) Misses Q4 EPS by 6c, Revenues Miss

February 18, 2020 8:32 AM EST

Expeditors Int'l (NASDAQ: EXPD) reported Q4 EPS of $0.81, $0.06 worse than the analyst estimate of $0.87. Revenue for the quarter came in at $2 billion versus the consensus estimate of $2.15 billion.

Diluted Net Earnings Attributable to Shareholders per share (EPS1) decreased 23% to $0.79Net Earnings Attributable to Shareholders decreased 23% to $137 millionOperating Income decreased 17% to $180 millionRevenues decreased 9% to $2.0 billionAirfreight tonnage volume decreased 6% and ocean container volume decreased 13%

Our final financial results for the fourth quarter were within the range of earnings guidance we issued last month, said Jeffrey S.... More