Expeditors Intl Q2 EPS $1.30 Misses $1.34 Estimate, Sales $2.24B Miss $2.88B Estimate
Portfolio Pulse from Benzinga Newsdesk
Expeditors Intl (NASDAQ:EXPD) reported Q2 earnings of $1.30 per share, missing the analyst consensus estimate of $1.34 by 2.99%. This is a 42.73% decrease from the same period last year. The company also reported quarterly sales of $2.24 billion, missing the analyst consensus estimate of $2.88 billion by 22.20%. This is a 51.34% decrease from the same period last year.
August 08, 2023 | 12:36 pm
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Expeditors Intl's Q2 earnings and sales missed estimates, marking a significant decrease from the same period last year.
Expeditors Intl reported lower than expected earnings and sales for Q2, which is a significant decrease from the same period last year. This could negatively impact the company's stock price in the short term as it indicates a weaker financial performance.
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