From Financial Modeling Prep: 2024-11-04 03:00:04

Expeditors International of Washington, Inc. (NYSE:EXPD) is set to report a 14.7% EPS increase and an 8.1% revenue growth for the quarter ending September 2024. Analysts have revised the EPS estimate higher, signaling a positive outlook and potential investor interest in the global logistics company.

The company’s strong performance in the logistics industry positions it against competitors like DHL and FedEx. EXPD’s projected EPS of $1.33 and revenue of $2.37 billion demonstrate robust segment performance, likely leading to an earnings beat for the quarter.

Analysts’ positive reassessment of EXPD’s EPS estimate, with a 0.2% upward revision, hints at potential investor interest. The company’s solid third-quarter results are expected to drive this optimism, reflecting a favorable outlook for Expeditors International in the market.

Financial metrics, including a P/E ratio of 24.88 and low debt-to-equity ratio of 0.25, highlight EXPD’s market valuation and financial health. With a current ratio of 1.53 and earnings yield of 4.02%, the company offers investors a return on investment and liquidity to cover short-term liabilities.



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