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Expeditors International of Washington EXPD - News Analyzed: 3,712 - Last Week: 100 - Last Month: 494

↗ Long-term Financial Strength of Expeditors International under Spotlight amid Evolving Market Conditions

Long-term Financial Strength of Expeditors International under Spotlight amid Evolving Market Conditions
Expeditors International of Washington (EXPD) has been a focus in recent market updates, where its EPS (Basic) stands at $4.67 as of June 2024 and EV-to-revenue ratio is 1.78 as of August 2024. Despite the deceleration in Q4 earnings due to market uncertainty, long-term economic support suggests a viable investment. Note, however, that the company posted Q2 earning results that missed estimates by $0.02 EPS, which may have led to various asset management firms, such as Swedbank AB and SG Americas Securities LLC, lowering their stake. Nonetheless, the company has enjoyed other corporate interest, with firms such as Sequoia Financial Advisors LLC and Assenagon Asset Management maintaining significant holdings. The company's financial health seems to be reflected in its share price, and over a five-year period, shareholders have seen a 77% return on investment. Meanwhile, the financial advantage continues with the company's 9% revenue boost in Q2 resulting in returns of $205M to shareholders. Looking forward, the Q2 2024 earnings show EPS of $1.24, and speculation suggests that Expeditors (EXPD) is expected to beat earnings estimates.

Expeditors International of Washington EXPD News Analytics from Thu, 28 Jun 2018 06:21:32 GMT to Sun, 18 Aug 2024 12:05:35 GMT - Rating 2 - Innovation 4 - Information -3 - Rumor -5

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