Expeditors International of Washington Inc. Profit Advances In Q3, Beats estimates

Expeditors International of Washington Inc. (EXPD) revealed earnings for its third quarter that advanced from last year.

The company's earnings totaled $359.1 million, or $2.09 per share. This compares with $191.3 million, or $1.12 per share, in last year's third quarter.

Analysts had expected the company to earn $1.77 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 83.8% to $4.32 billion from $2.35 billion last year.

Expeditors International of Washington Inc. earnings at a glance:

-Earnings (Q3): $359.1 Mln. vs. $191.3 Mln. last year.
-EPS (Q3): $2.09 vs. $1.12 last year.
-Analysts Estimate: $1.77
-Revenue (Q3): $4.32 Bln vs. $2.35 Bln last year.

by RTTNews Staff Writer

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