Expeditors International of Washington EXPD has caught the attention of investors and market watchers. Recently setting a new 52-week low, some are questioning if it's a sell signal. However, the company's stocks have seen notable returns of 63% over the past five years. Despite rumors of underperformance in the Industrials sector, the company has achieved strong Q3 earnings, surging 41% with a record $3B revenue. Additionally, its third quarter 2024 earnings exceeded expectations. While some investors, such as
CWA Asset Management Group LLC and
JPMorgan Chase & Co., have reduced stock positions,
Nordea Investment Management AB and
Diversified Trust Co have invested significantly in the company. Importantly, the firm has beaten revenue expectations by 5.4% and is forecasted to perform well next year. Speculations abound regarding insider sales totaling US$2.2m, while a 12% CAGR has been earned by shareholders over the last five years. Q3 earnings and revenues beat estimates, resulting in a positive outlook despite market uncertainties.
Expeditors International of Washington EXPD News Analytics from Mon, 08 Jun 2015 22:04:58 GMT to Fri, 10 Jan 2025 19:30:11 GMT -
Rating 2
- Innovation 0
- Information 5
- Rumor 1
