Expeditors Intl Q2 2024 Adj EPS $1.24 Misses $1.26 Estimate, Sales $2.40B Beat $2.28B Estimate
Portfolio Pulse from Benzinga Newsdesk
Expeditors Intl (NASDAQ:EXPD) reported Q2 2024 earnings per share of $1.24, missing the analyst estimate of $1.26 by 1.59%. However, the company reported sales of $2.40 billion, beating the estimate of $2.28 billion by 5.32% and marking a 7.14% increase from the same period last year.
August 06, 2024 | 12:31 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Expeditors Intl reported Q2 2024 EPS of $1.24, missing estimates by 1.59%, but sales of $2.40 billion beat estimates by 5.32% and increased 7.14% YoY.
The mixed results, with a slight miss on EPS but a beat on sales and YoY growth, suggest a neutral short-term impact on the stock price. Investors may weigh the earnings miss against the strong sales performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100