BUZZ-Expeditors International of Washington rises on upbeat quarterly results
ReutersFeb 18, 2025 4:29 PM
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
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