Published on 30 Jun 2022 on Zacks via Yahoo Finance
Expeditors International of Washington, Inc. EXPD currently benefits from an uptick in airfreight revenues. However, a decline in its current ratio is concerning.
Expeditors’ first-quarter 2022 earnings of $2.05 per share surpassed the Zacks Consensus Estimate of $1.77. The bottom line rose 22.75% year over year. Total revenues of $4,664.3 million outperformed the Zacks Consensus Estimate of $4,175.6 million and also increased 38.9% year over year.
How is Expeditors Faring?