Expeditors International of Washington (EXPD) has been in the news due to a series of business movements and financial performances. After posting strong earnings, the company's valuation has been reevaluated. Despite facing headwinds in the form of freight challenges, the company’s consistent resilience and profitability make it ready to seize market opportunities. Investors should take note of Nomura Holdings Inc. and Adage Capital Partners GP L.L.C., who are boosting their stakes in the company.
EXPD's consistent earnings beats and rising freight volumes have gained positive industry outlooks. However, there have been a number of shares sold by Confluence Investment Management LLC, State of Wyoming and Teza Capital Management LLC. A CEO transition has been announced, with a new CFO also appointed. While Directors have sold shares, the company's return on capital paints a bright future, and results point to a bullish market sentiment.
The company saw a decent growth rate over the past five years. Its robust Q1 and Q2 earnings have surpassed wall street estimates, and the import pull-forward has revived its growth projections. Despite facing a cyber attack recently, which greatly affected operations, the company is bouncing back and strategizing for future advancements.
Expeditors International of Washington EXPD News Analytics from Tue, 01 Aug 2017 16:50:29 GMT to Fri, 19 Sep 2025 20:06:00 GMT - Rating +7 - Innovation +5 - Information +6 - Rumor -1
