Expeditors Int'l (EXPD) Tops Q1 EPS by 31c

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Expeditors Reports First Quarter 2022 EPS of $2.05

May 3, 2022 8:30 AM EDT

SEATTLE--(BUSINESS WIRE)-- Expeditors International of Washington, Inc. (NASDAQ: EXPD) today announced first quarter 2022 financial results including the following highlights compared to the same quarter of 2021:

Diluted Net Earnings Attributable to Shareholders per share (EPS1) increased 23% to $2.05 Net Earnings Attributable to Shareholders increased 21% to $346 million Operating Income increased 20% to $462 million Revenues increased 46% to $4.7 billion Airfreight tonnage volume and ocean container volume decreased 18% and 3%, respectively

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