Expeditors International of Washington rises on upbeat quarterly results

Expeditors International of Washington

18/02/2025 16:29

** Shares of global freight forwarder Expeditors
International of Washington  EXPD.N  up 1.97% at $115.89
    ** Co reports Q4 profit of $1.68 per share, above analysts'
average estimate of $1.44 per share, according to data compiled
by LSEG
    ** Also reports Q4 revenue of $3 billion, above analysts'
average estimate of $2.81 billion
    ** "We continue to have limited visibility going forward. It
is extremely difficult to predict the impact to global air
supply and demand that may result from actions such as the
anticipated U.S. elimination of certain de minimis exemptions,"
says CEO Jeffrey Musser 
    ** Shares fell ~12.92% in 2024

 (Reporting by Megha Kumari in Bengaluru)
 ((Megha.Kumari@thomsonreuters.com;))