Expeditors International of Washington Inc expected to post earnings of $1.23 a share - Earnings Preview

Expeditors International of Washington

16/02/2024 13:43

* Expeditors International of Washington Inc  EXPD.N 
 EXPD.K  is
expected to show a fall in quarterly revenue when it reports 
results on February 20 for the period ending December 31 2023
    * The Seattle Washington-based  company is expected to
report a
32.9% decrease in revenue to $2.309 billion from $3.44 billion a
year ago, according to the mean estimate from 9 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Expeditors International
of
Washington Inc is for earnings of $1.23 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 9
"hold" and 9 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Expeditors
International of Washington Inc is $105.00​, below​ its last
closing price of $125.92. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  1.27        1.28       1.24      Missed  -3.4
 Jun. 30 2023  1.39        1.38       1.30      Missed  -5.5
 Mar. 31 2023  1.35        1.33       1.45      Beat    8.7​
 Dec. 31 2022  2.00        1.96       1.38      Missed  -29.8
 ​​Sep.        1.96        1.95       2.54      Beat    30.5
 30 2022                                                
 Jun. 30 2022  2.16        2.13       2.27      Beat    6.6​
 Mar. 31 2022  1.56        1.74       2.05      Beat    17.6
 Dec. 31 2021  2.10        2.08       2.66      Beat    27.8
 This summary was machine generated February 16 at 13:43 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)