Expeditors International of Washington has beaten its EPS estimates by 22%, triggering the market analysts to forecast promising factors for the next year. With its stock price expected to rise, it has already achieved a
double-digit growth in Q3 revenue and profit. It has also successfully paid a
semi-annual cash dividend of $0.73, exhibiting its strong financial stance. Despite some reduction in holdings by some investment groups, major
share purchases have been executed by entities including CWA Asset Management Group, National Pension Service, and Radnor Capital Management, indicating a strong level of confidence in the firm's outcome. The firm's positive Q3 results including beating earnings and revenue estimates, and reporting an EPS of $1.63, further empower its strong market status. Its shareholders have enjoyed a
63% return in the past 5 years, enhancing its investment appeal. The firm's revelations of potential growth in Q3 2024 and the expectation of earnings growth in future further cements its promising position in the market.
Expeditors International of Washington EXPD News Analytics from Tue, 04 Nov 2014 08:00:00 GMT to Sat, 09 Nov 2024 11:32:40 GMT -
Innovation 6
- Information 6
- Rumor -2
