Expeditors International: Q4 Earnings Snapshot
SEATTLE (AP) _ Expeditors International of Washington Inc. (EXPD) on Tuesday reported fourth-quarter net income of $452.8 million.
The Seattle-based company said it had profit of $2.66 per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.02 per share.
The logistics services provider posted revenue of $5.4 billion in the period.
For the year, the company reported profit of $1.42 billion, or $8.27 per share. Revenue was reported as $16.52 billion.