Expeditors Int'l (EXPD) Tops Q3 EPS by 14c

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Go back to Expeditors Int'l (EXPD) Tops Q3 EPS by 14c

Expeditors Reports Third Quarter 2020 EPS Of $1.12

November 3, 2020 8:30 AM EST

SEATTLE--(BUSINESS WIRE)-- Expeditors International of Washington, Inc. (NASDAQ: EXPD) today announced third 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 22% to $1.12 Net Earnings Attributable to Shareholders increased 19% to $191 million Operating Income increased 22% to $252 million Revenues increased 19% to $2.5 billion Airfreight tonnage volume and ocean container volume both decreased 5%

Volumes started to recover across most of our products during the quarter, even as the global effects of COVID-19... More