|Bid||0.00 x 1200|
|Ask||0.00 x 1300|
|Day's Range||73.70 - 75.14|
|52 Week Range||54.70 - 78.16|
|PE Ratio (TTM)||24.05|
|Earnings Date||Nov 6, 2018|
|Forward Dividend & Yield||0.90 (1.22%)|
|1y Target Est||70.00|
A majority of analysts polled by Thomson Reuters favor a “hold” for Expeditors International of Washington (EXPD). Of the 14 analysts covering the stock, ten analysts have recommended a “hold” for the stock. The company has a consensus rating of 3.21, indicating a “hold.” It has a 12-month price target of $70.
In this part of the series, we’ll analyze Expeditors International of Washington’s (EXPD) operating margins. In the second quarter, it reported operating income of $183.5 million on gross revenues of ~$1.95 billion. In Q2 2017, it earned operating income of $168.2 million on gross revenue of $1.67 billion.
In the previous part of this series, we looked at Expeditors International of Washington’s (EXPD) Ocean Freight and Ocean Services segment. Now we’ll evaluate the performance of its Customs Brokerage and Other Services segment. In the quarter, the segment’s gross revenue rose 32.6% to $625.7 million, from $471.8 million in Q2 2017.
In this part of the series, we’ll be looking at Expeditors International of Washington’s (EXPD) Ocean Freight and Ocean Services segment. The segment’s gross revenue rose 0.3% YoY (year-over-year) to $530 million in the second quarter. Its net revenue expanded 1.5% YoY to $144.8 million in Q2 2018 from $142.6 million in Q2 2017.
Let’s look now at Expeditor International of Washington’s (EXPD) Airfreight segment, its largest revenue contributor. The segment’s contribution to the company’s net revenue rose 1.8% to 32.4% in the second quarter, from 30.6% in Q2 2017.
In the second quarter, Expeditors International of Washington (EXPD) reported gross revenue of $1.95 billion, up 17% YoY (year-over-year) from $1.67 billion in Q2 2017. The logistics and freight forwarding giant were able to surpass analysts’ revenue estimates by 1.33%.
The second-quarter earnings season for major US road transporters culminated with Expeditors International of Washington’s (EXPD) results before the market opened on August 7. The third-party logistics giant beat Thomson Reuters–surveyed analysts’ adjusted EPS estimate of $0.78 by $0.01. Its adjusted EPS of $0.79 rose 31.7% YoY (year-over-year) from $0.60 in Q2 2017.
In order to drive its autonomous self-driving database portfolio, Oracle (ORCL) included two new products—Autonomous Database Cloud Service and Oracle Autonomous Transaction Processing technology. Its innovative self-driving database cloud service is gaining popularity across domains such as finance, retail, manufacturing, and government institutions. On August 7, Drop Tank, a leading loyalty technology and rewards company, adopted the Oracle Autonomous Data Warehouse to drive its loyalty solutions for gas station operators.
Expeditors International of Washington (EXPD), a major third-party transporter, announced its second-quarter earnings on August 7 before the markets opened. Its adjusted EPS came in at $0.79, beating Thomson Reuters–surveyed analysts’ estimate of $0.78 by $0.01. The company surpassed analysts’ adjusted EPS estimate by a very thin margin. Its adjusted EPS rose 31.7% YoY (year-over-year) from $0.60 in Q2 2017.
The Nasdaq looked to extend its win streak to six trading sessions Monday. Retailer Etsy soared to new highs and a potential breakout.
Expeditors International (EXPD) delivered earnings and revenue surprises of 1.28% and 0.51%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
The Seattle-based company said it had profit of 79 cents per share. The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings ...
SEATTLE, Aug. 07, 2018-- Expeditors International of Washington, Inc. today announced second quarter 2018 financial results including the following highlights compared to the same quarter of 2017:. Diluted ...
Devaluation of the Brazilian Real as well as steep fuel costs hurt GOL Linhas' (GOL) Q2 results. Consequently, the company issues a dim outlook for the current year.
Expeditors (EXPD) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Factors like increasing freight demand and lower tax rates are likely to benefit Expeditors' (EXPD) results in the second quarter of 2018.
Zacks Industry Outlook Highlights: C.H. Robinson, Hertz Global, Expeditors International, Dynagas and Matson
In this last part of the series, let’s see how Thomson Reuters analysts are rating XPO Logistics (XPO) before its second-quarter earnings release. Currently, 20 analysts are covering the stock. Four (20%) of them are bullish on the stock and have rated it a “strong buy.” Twelve of them (60%) have rated it a “buy,” and the remaining four (20%) have recommended a “hold.” None of the analysts have rated the stock a “sell.”
SkyWest's (SKYW) bottom line in the second quarter is aided by a lower tax rate. The company's efforts to modernize its fleet and streamline operations are also impressive.
Ryder's (R) impressive second-quarter results can be attributed to growth across all its segments. The company's decision to raise its 2018 earnings outlook is an added positive.