Expeditors Int'l (EXPD) Tops Q2 EPS by 16c

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Expeditors Reports Second Quarter 2022 EPS Of $2.27

August 2, 2022 8:30 AM EDT

SEATTLE--(BUSINESS WIRE)-- Expeditors International of Washington, Inc. (NASDAQ: EXPD) today announced second 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 $2.27 Net Earnings Attributable to Shareholders increased 19% to $378 million Operating Income increased 23% to $506 million Revenues increased 28% to $4.6 billion Airfreight tonnage volume and ocean container volume decreased 17% and 11%, respectively

This was the strongest second quarter in our companys history, even while our air and ocean... More