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Expeditors Int'l. Of Washington Q1 Profit Up

Expeditors International of Washington Inc.'s (EXPD) first-quarter 2013 net earnings attributable to shareholders slipped to $80.31 million, or $0.39 per share, from $76.70 million, or $0.36 per share a year ago.

On average, 20 analysts polled by Thomson Reuters expected earnings per share of $0.40 for the quarter. Analysts' estimates typically exclude one-time items.

Meanwhile, revenues for the first quarter remained flat at $1.41 billion with the year-ago quarter.

Net revenues for the current quarter was $445.28 million, down from $446.57 million in the year-ago quarter, while analysts estimated revenues of $1.41 billion for the quarter.

by RTTNews Staff Writer

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