Expeditors Int'l (EXPD) Misses Q4 EPS by 59c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Expeditors Reports Fourth Quarter 2022 EPS of $1.38
February 21, 2023 8:30 AM ESTSEATTLE--(BUSINESS WIRE)-- Expeditors International of Washington, Inc. (NASDAQ: EXPD) today announced fourth quarter 2022 financial results including the following highlights compared to the same quarter of 2021:
Diluted Net Earnings Attributable to Shareholders per share (EPS1) decreased 48% to $1.38 Net Earnings Attributable to Shareholders decreased 52% to $219 million Operating Income decreased 47% to $330 million Revenues decreased 36% to $3.4 billion Airfreight tonnage volume decreased 20% and ocean container volume decreased 15%As pandemic-related bottlenecks eased and air and ocean supply/demand imbalances began to dissipate in the first... More
