Expeditors International of Washington shares are trading lower after the company reported worse-than-expected Q2 adjusted EPS results.
Portfolio Pulse from Benzinga Newsdesk
Expeditors International of Washington shares are trading lower after the company reported worse-than-expected Q2 adjusted EPS results.
August 06, 2024 | 3:06 pm
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Expeditors International of Washington reported Q2 adjusted EPS results that were worse than expected, leading to a decline in its share price.
The company's worse-than-expected Q2 adjusted EPS results directly impact investor sentiment, causing a decline in the share price. Earnings misses typically lead to negative short-term price movements.
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