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

↘ Investment Activity, Q2 Earnings, and Analyst Ratings: A Dive into Expeditors International of Washington (EXPD)

Investment Activity, Q2 Earnings, and Analyst Ratings: A Dive into Expeditors International of Washington (EXPD)
Expeditors International of Washington, Inc. (NASDAQ: EXDP) has been generating varying opinions from financial entities. While Boston Trust Walden Corp decreased its holdings, Assenagon Asset Management S.A., Allspring Global Investments Holdings LLC, and Vest Financial LLC increased their positions. Everett Harris & Co. CA and the Independent Director sold a sizable number of shares. On the financial front, the company reported Q2 2024 earnings in line with expectations, but revenues beat the estimates. The revenue boost amounted to 9%, leading to the return of $205M to shareholders. Despite this, Expeditors stock was downgraded to a 'Strong Sell' by Wolfe Research and TD Cowen. Financial health and strategic SWAT insights raised questions about the company's stock's recent performance and its future value. The CEO's compensation raises questions as shareholders appear unlikely to grant an increase, reflecting a potential disconnect between management and investors. Amidst these developments, Jim Cramer expects the company to benefit from the decline in FedEx's value.

Expeditors International of Washington EXPD News Analytics from Mon, 08 Jun 2015 22:04:58 GMT to Sat, 26 Oct 2024 16:50:19 GMT - Rating -2 - Innovation 3 - Information 6 - Rumor 2

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