Expeditors International: Fourth Quarter Earnings Overview

Expeditors International Reports Strong Fourth-Quarter Earnings

Expeditors International of Washington Inc., headquartered in Bellevue, Washington, announced a net income of $200.7 million for the fourth quarter.

The company earned $1.49 per share during this period, exceeding the consensus estimate of $1.46 per share from analysts polled by Zacks Investment Research.

Quarterly revenue reached $2.86 billion, also outperforming Wall Street projections, as analysts had anticipated $2.8 billion in revenue.

For the full year, Expeditors International recorded a profit of $810.3 million, translating to $5.95 per share, with total annual revenue amounting to $11.07 billion.