Expeditors Int'l (EXPD) Tops Q3 EPS by 54c

Go back to Expeditors Int'l (EXPD) Tops Q3 EPS by 54c

Expeditors Reports Third Quarter 2022 EPS of $2.54

November 8, 2022 8:30 AM EST

SEATTLE--(BUSINESS WIRE)-- Expeditors International of Washington, Inc. (NASDAQ: EXPD) today announced third 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 22% to $2.54 Net Earnings Attributable to Shareholders increased 15% to $414 million Operating Income increased 8% to $527 million Revenues increased 1% to $4.4 billion Airfreight tonnage volume and ocean container volume decreased 13% and 10%, respectively

We continued to perform at a very high level, generating another strong quarter of financial performance and cash flow, said... More