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AP National Business

Expeditors International: Q4 Earnings Snapshot

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Published 5:39 am

SEATTLE (AP) — SEATTLE (AP) — Expeditors International of Washington Inc. (EXPD) on Tuesday reported fourth-quarter profit of $219.3 million.

The Seattle-based company said it had profit of $1.38 per share.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.09 per share.

The logistics services provider posted revenue of $3.44 billion in the period.

For the year, the company reported profit of $1.36 billion, or $8.26 per share. Revenue was reported as $17.07 billion.

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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

Article Topic Follows: AP National Business

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