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Expeditors International Of Washington, Inc. - EXPD STOCK NEWS

Welcome to our dedicated news page for Expeditors International Of Washington (Ticker: EXPD), a resource for investors and traders seeking the latest updates and insights on Expeditors International Of Washington.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Expeditors International Of Washington's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Expeditors International Of Washington's position in the market.

Rhea-AI Summary
Expeditors International of Washington, Inc. (NYSE: EXPD) reported a decrease in key financial metrics for the fourth quarter of 2023 compared to the same period in 2022. Diluted Net Earnings per share decreased by 21% to $1.09, Net Earnings decreased by 28% to $159 million, Operating Income decreased by 40% to $199 million, and Revenues decreased by 34% to $2.3 billion. The company cited market uncertainty due to global conflicts and cautious inventory management by shippers as contributing factors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.92%
Tags
earnings
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Rhea-AI Summary
Expeditors International of Washington, Inc. (EXPD) is transferring its common stock listing from Nasdaq to the New York Stock Exchange (NYSE) on November 21, 2023. The move aims to align with the NYSE, emphasizing the company's dedication to growth and long-term shareholder value. The global logistics company will continue to trade under the ticker symbol 'EXPD'.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.42%
Tags
none
-
Rhea-AI Summary
Expeditors International of Washington, Inc. (NASDAQ:EXPD) declares a semi-annual cash dividend of $0.69 per share, payable on December 15, 2023, to shareholders of record as of December 1, 2023. The global logistics company is headquartered in Seattle, Washington and offers a wide range of services including air and ocean freight, customs brokerage, and warehousing.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.55%
Tags
dividends
Rhea-AI Summary
Expeditors International of Washington, Inc. (NASDAQ:EXPD) reported a significant decrease in financial performance for the third quarter of 2023 compared to the same period in 2022, with diluted net earnings per share down 54%, net earnings down 59%, operating income down 59%, and revenues down 50%. Airfreight and ocean container volumes also decreased by 14% and 15%, respectively. The company attributes these declines to a deceleration in demand, soft rates, and excess capacity in the shipping industry, as well as ongoing economic uncertainty and geopolitical instability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.98%
Tags
earnings
-
Rhea-AI Summary
NASDAQ: EXPD - Expeditors International of Washington Announces 2nd Quarter 2023 Financial Results, Revenues Down 51%, Airfreight and Ocean Container Volume Decreased 15% and 13% Respectively
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.4%
Tags
earnings
-
Rhea-AI Summary
Expeditors International of Washington, Inc. (NASDAQ:EXPD) declares semi-annual cash dividend of $0.69 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.03%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.77%
Tags
none
-
Rhea-AI Summary
Expeditors International of Washington, Inc. (NASDAQ: EXPD) announced its first quarter 2023 financial results. Diluted Net Earnings Attributable to Shareholders per share (EPS) decreased 29% to $1.45. Net Earnings Attributable to Shareholders decreased 35% to $226 million. Operating Income decreased 40% to $276 million. Revenues decreased 44% to $2.6 billion. Airfreight tonnage volume decreased 6% and ocean container volume decreased 26%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.77%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.57%
Tags
none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.36%
Tags
dividends
Expeditors International Of Washington, Inc.

NYSE:EXPD

EXPD Rankings

EXPD Stock Data

17.49B
142.75M
0.68%
97.48%
4.91%
Freight Transportation Arrangement
Transportation and Warehousing
Link
US
Seattle

About EXPD

expeditors is a global logistics company headquartered in seattle, washington. as a fortune 500 company, we employ over 14,600 trained professionals in a worldwide network of over 250 locations across six continents. expeditors satisfies the increasingly sophisticated needs of international trade through customized solutions and seamless, integrated information systems. our services include air and ocean freight consolidation and forwarding, vendor consolidation, customs clearance, cargo insurance, distribution and other value added logistics services. at expeditors, we pride ourselves on being a solutions-based organization and take time to understand each customer's individual business needs. as a non-asset based organization, we have considerable flexibility when managing customers' supply chains. due to our relationships with local suppliers and global air and ocean partners, we can provide customers with the best routing and pricing options. our comprehensive, flexible spectrum