Expeditors International of Washington, Inc. (EXPD: Quote) reported that its fourth-quarter net earnings attributable to shareholders decreased to $84.21 million or $0.40 per share from $92.84 million or $0.43 per share last year.
Total revenues increased to $1.53 billion from $1.50 billion last year. Although revenues increased year-over-year, higher operating expenses resulted in the company reporting a lower operating income for the quarter.
On average, 19 analysts polled by Thomson Reuters expected the company to report profit per share of $0.43 for the quarter. Analysts' estimates typically exclude speical items. Analysts expected revenue of $1.51 billion for the quarter.
Click here to receive FREE breaking news email alerts for Expeditors International of Washington Inc. and others in your portfolio
by RTT Staff Writer
For comments and feedback: firstname.lastname@example.org