Expeditors Worldwide (EXPD) reported $3 billion in income for the quarter ended September 2024, representing a year-over-year improve of 37%. EPS of $1.63 for a similar interval compares to $1.16 a 12 months in the past.
The reported income represents a shock of +26.72% over the Zacks Consensus Estimate of $2.37 billion. With the consensus EPS estimate being $1.33, the EPS shock was +22.56%.
Whereas traders scrutinize income and earnings modifications year-over-year and the way they evaluate with Wall Avenue expectations to find out their subsequent transfer, some key metrics at all times supply a extra correct image of an organization’s monetary well being.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps traders undertaking a inventory’s value efficiency extra precisely.
Right here is how Expeditors Worldwide carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Avenue analysts:
- Revenues- Airfreight companies: $986.95 million in comparison with the $805.65 million common estimate based mostly on 4 analysts. The reported quantity represents a change of +36.3% 12 months over 12 months.
- Revenues- Ocean freight and ocean companies: $1.02 billion versus $626.68 million estimated by 4 analysts on common. In comparison with the year-ago quarter, this quantity represents a +81.6% change.
- Web revenues- Ocean freight and ocean companies: $233.79 million in comparison with the $181.54 million common estimate based mostly on 4 analysts. The reported quantity represents a change of +35.4% 12 months over 12 months.
- Web revenues- Airfreight companies: $246.59 million versus $214.57 million estimated by 4 analysts on common. In comparison with the year-ago quarter, this quantity represents a +18.7% change.
- Web revenues- Customs brokerage and different companies: $425.78 million versus the four-analyst common estimate of $415.49 million. The reported quantity represents a year-over-year change of +4.5%.
- Revenues- Customs brokerage and different companies: $995.56 million versus $935.18 million estimated by 4 analysts on common. In comparison with the year-ago quarter, this quantity represents a +10% change.
View all Key Company Metrics for Expeditors International here>>>
Shares of Expeditors Worldwide have returned +0.4% over the previous month versus the Zacks S&P 500 composite’s -0.5% change. The inventory at the moment has a Zacks Rank #2 (Purchase), indicating that it might outperform the broader market within the close to time period.
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