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Expeditors Q1 Earnings & Revenues Top Estimates, Improves Y/Y

Expeditors International of Washington’s (EXPD) first-quarter 2025 earnings of 1.47persharebeattheZacksConsensusEstimateof1.47 per share beat the Zacks Consensus Estimate of 1.30. The bottom line increased 26% year over year, owing to strong growth in air tonnage and ocean volumes. Total revenues of 2.66billionbeattheZacksConsensusEstimateof2.66 billion beat the Zacks Consensus Estimate of 2.42 billion and increased 20.8% year over year.Bradley S. Powell, senior vice president and chief financial officer, stated, “During the quarter, we carefully boosted headcount in certain areas to su ...