Expeditors International of Washington Inc expected to post earnings of $1.38 a share - Earnings Preview

Expeditors International of Washington

04/08/2023 19:34

* Expeditors International of Washington Inc  EXPD.OQ 
 EXPD.O  is
expected to show a fall in quarterly revenue when it reports 
results on August 8. 
    * The Seattle Washington-based  company is expected to
report  a
41.4% decrease in revenue to $2.695 billion from $4.6 billion a
year ago, according to the mean estimate from 8 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Expeditors
International
of Washington Inc is for earnings of $1.38 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 11
"hold" and 7 "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 $102.5​, below​ its last
closing price of $124.43. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  1.35        1.33       1.45      Beat    8.7
 Dec. 31 2023  2.00        1.96       1.38      Missed  -29.8
 Sep. 30 2022  1.96        1.95       2.54      Beat    30.5​
 Jun. 30 2022  2.16        2.13       2.27      Beat    6.6
 ​​Mar.        1.56        1.74       2.05      Beat    17.6
 31 2022                                                
 Dec. 31 2021  2.10        2.08       2.66      Beat    27.8​
 Sep. 30 2021  1.80        1.77       2.09      Beat    18.2
 Jun. 30 2021  1.57        1.61       1.84      Beat    14.2
 This summary was machine generated August 4 at 18:33 GMT.  All
figures in US dollars  unless otherwise stated