Expeditors International of Washington (EXPD) Set to Announce Quarterly Earnings on Tuesday
Expeditors International of Washington (NASDAQ:EXPD) is scheduled to be announcing its Q313 earnings results on Tuesday, November 5th. Analysts expect the company to announce earnings of $0.49 per share and revenue of $1.59 billion for the quarter.
Expeditors International of Washington (NASDAQ:EXPD) last announced its earnings results on Tuesday, August 6th. The company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.02. The company had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.54 billion. During the same quarter in the previous year, the company posted $0.39 earnings per share. The company’s revenue for the quarter was down .3% on a year-over-year basis. On average, analysts expect Expeditors International of Washington to post $1.79 EPS for the current fiscal year and $2.02 EPS for the next fiscal year.
Expeditors International of Washington (NASDAQ:EXPD) traded up 1.63% during mid-day trading on Monday, hitting $46.14. The stock had a trading volume of 885,522 shares. Expeditors International of Washington has a one year low of $34.83 and a one year high of $46.90. The stock has a 50-day moving average of $44.30 and a 200-day moving average of $40.52. The company has a market cap of $9.523 billion and a price-to-earnings ratio of 27.50.
A number of research firms have recently commented on EXPD. Analysts at Zacks reiterated a “neutral” rating on shares of Expeditors International of Washington in a research note to investors on Wednesday, October 16th. They now have a $45.00 price target on the stock. On the ratings front, analysts at RBC Capital raised their price target on shares of Expeditors International of Washington from $33.00 to $36.00 in a research note to investors on Thursday, August 8th. Finally, analysts at Credit Suisse raised their price target on shares of Expeditors International of Washington from $47.00 to $48.00 in a research note to investors on Thursday, August 8th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and eleven have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $42.50.
Expeditors International of Washington, Inc is engaged in the business of providing global logistics services.
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