Expeditors Int'l (EXPD) Tops Q2 EPS by 38c
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Expeditors Reports Second Quarter 2020 EPS of $1.09
August 4, 2020 8:30 AM EDTSEATTLE--(BUSINESS WIRE)-- Expeditors International of Washington, Inc. (NASDAQ: EXPD) today announced second quarter 2020 financial results including the following highlights compared to the same quarter of 2019:
Diluted Net Earnings Attributable to Shareholders per share (EPS1) increased 24% to $1.09 Net Earnings Attributable to Shareholders increased 20% to $184 million Operating Income increased 29% to $248 million Revenues increased 27% to $2.6 billion Airfreight tonnage volume decreased 10% and ocean container volume decreased 14%Like so many companies, the COVID-19-related impacts to our business have been significant and widespread, as the retail,... More
