Expeditors Int'l (EXPD) Tops Q4 EPS by 9c

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Expeditors Reports Fourth Quarter 2020 EPS Of $1.16

February 16, 2021 8:30 AM EST

SEATTLE--(BUSINESS WIRE)-- Expeditors International of Washington, Inc. (NASDAQ: EXPD) today announced fourth 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 47% to $1.16 Net Earnings Attributable to Shareholders increased 45% to $199 million Operating Income increased 56% to $282 million Revenues increased 55% to $3.2 billion Airfreight tonnage volume increased 10% and ocean container volume increased 19%

We moved more freight in the fourth quarter of 2020 than in any other quarter in our history, said Jeffrey... More