09:05 AMExpeditors International of Washington (EXPD): Q3 EPS of $0.27 misses by $0.02. Revenue of $1.04B (-33.7%) in-line. "There certainly were significant challenges during the latter part of this quarter as both air and ocean carriers imposed capacity reductions in order to implement very aggressive price increases. While we wouldn't call it 'The Perfect Freight Storm,' the rapidity of these carrier moves created a pricing environment that resulted in our experiencing single digit airfreight yields out of Asia during the first several weeks of September. Ocean yields were also significantly impacted." (PR)
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14:38 PM
Expeditors International (EXPD) is a prime candidate to benefit from a global economy recovery, writes Barron's Dimitra Defotis. A leader in shipping logistics with a strong balance sheet, Expeditors could see compound annual profit of 10-17%.
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Tuesday, August 4, 2009
06:07 AMExpeditors International of Washington (EXPD): Q2 EPS of $0.25 in-line. Revenue of $895M (-38%) vs. $999M. (PR)
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09:06 AMExpeditors International of Washington (EXPD): Q4 EPS of $0.36 beats by $0.01. Revenue of $1.31B (-9.6%) vs. $1.51B. Shares -6.4% premarket. (PR)
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09:11 AM
Expeditors International of Washington (EXPD): Q2 EPS of $0.32 misses by $0.02. Revenue of $1.45B (+15.5%) in-line. Shares -2.9%. [PR]
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