Expeditors Q3 2023 GAAP EPS $1.16 Misses $1.28 Estimate, Revenue $2.19B Misses $2.305B Estimate
Portfolio Pulse from Benzinga Newsdesk
Expeditors has reported its Q3 2023 GAAP EPS at $1.16, missing the estimate of $1.28. The company's revenue was $2.19B, also falling short of the $2.305B estimate.
November 07, 2023 | 1:33 pm
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Expeditors' Q3 2023 earnings and revenue have both missed estimates, which could negatively impact the company's stock price in the short term.
Expeditors' earnings and revenue for Q3 2023 have both fallen short of estimates. This underperformance could lead to a decrease in investor confidence and a potential drop in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100