Freight company Expeditors beats Q3 revenue estimates, sees pricing volatility in ocean freight

Expeditors International of Washington

04/11/2025 13:37

Overview

Expeditors Q3 2025 revenue beats analyst expectations despite a 4% yr/yr decline

Expeditors Q3 2025 EPS increased 1% yr/yr to $1.64

Company repurchased $212 mln in common stock during Q3 2025

Outlook

Company anticipates continued pricing volatility in ocean freight due to capacity/demand imbalance

Expeditors focuses on aligning operating costs with lower growth environment

Company sees unpredictability in freight environment impacting future performance

Result Drivers

AIRFREIGHT GROWTH - Increase in airfreight tonnage driven by exports from North and South Asia, and strategic verticals like technology and pharmaceuticals

OCEAN FREIGHT CHALLENGES - Pricing volatility and lower volumes led to decreased revenues in ocean freight

CUSTOMS BROKERAGE STRENGTH - Strong growth in customs brokerage due to high demand and AI infrastructure investments

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$2.90 bln
$2.72 bln (12 Analysts)
Q3 EPS
$1.64
Q3 Net Income
$222 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 11 "hold" and 7 "sell" or "strong sell"

The average consensus recommendation for the courier, postal, air freight & land-based logistics peer group is "buy."

Wall Street's median 12-month price target for Expeditors International of Washington Inc is $116.50, about 5.1% below its November 3 closing price of $122.46

The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 22 three months ago

Press Release: ID:nBw2CTGTHa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)