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

↑ Expeditors International Paves Way for Earnings Beat Amid Robust Q3 Performance

Expeditors International Paves Way for Earnings Beat Amid Robust Q3 Performance
Expeditors International of Washington, Inc. (EXPD) is experiencing a distinctive performance within the market. Despite the company's consensus rating of \"Reduce\" by some analysts, it has surpassed expectations in the recent quarters, displaying sustained positive growth and impressive financials. Investors should note that EXPD recently beat Q3 estimates on early freight moves and reported double-digit growth in Q3 revenue and profit, with a record $3B revenue and a 41% surge in Q3 earnings. Several prominent firms, including UBS Asset Management and BNP Paribas Financial Markets, have increased their positions. Notably, Expeditors International's stock performance in the past five years has seen visible returns of 63%, with shareholders earning a 12% CAGR over the last five years. However, some firms have reduced stakes, showing a mixed investment climate. Analysts see potential for the stock price to benefit from FedEx's recent decline and the company’s robust Q3 results. Additionally, the company declared a $0.73 semi-annual dividend, highlighting its sustained global returns.

Expeditors International of Washington EXPD News Analytics from Fri, 06 Nov 2020 05:37:56 GMT to Sat, 30 Nov 2024 10:47:29 GMT - Rating 7 - Innovation 2 - Information 8 - Rumor 3

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