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Expeditors International: Q1 Earnings Snapshot

May 4, 2021 GMT

SEATTLE (AP) _ Expeditors International of Washington Inc. (EXPD) on Tuesday reported first-quarter profit of $287.2 million.

The Seattle-based company said it had net income of $1.67 per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1 per share.

The logistics services provider posted revenue of $3.36 billion in the period.

Expeditors International shares have climbed 19% since the beginning of the year, while the S&P’s 500 index has increased 12%. The stock has increased 58% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EXPD at https://www.zacks.com/ap/EXPD