Expeditors International of Washington Stock News

CNBC's Jim Cramer on Thursday reviewed stocks that have historically performed well just after the Federal Reserve embarks on a cutting cycle and chose his favorites. Using data compiled by CNBC Pro, Cramer discussed the top 10 stocks with the median best performance during three months after an initial cut over the past 40 years.

EXPD's near-term performance positively impacted by the Red Sea conflict situation. Medium-term outlook is uncertain as Red Sea situation could end anytime and there is a lot of supply coming online. EXPD is trading at a high valuation, at the high end of its historical range, with potential for a sharp downward revision if risks materialize.

SEATTLE--(BUSINESS WIRE)--Expeditors International of Washington, Inc. (NYSE:EXPD) today announced second quarter 2024 financial results including the following comparisons to the same quarter of 2023: Diluted Net Earnings Attributable to Shareholders per share (EPS1) decreased 5% to $1.24 Net Earnings Attributable to Shareholders decreased 11% to $175 million Operating Income decreased 10% to ...

Many investors find transportation stocks unique due to their inherent qualities and vital role in the economy. Whether it's people or goods, transportation is a fundamental service with demand that tends to be resilient, even in softer markets.

Global freight rates remain volatile and are surging towards 2022 highs, positioning those in the logistics industry well for repricing. Expeditors International of Washington, Inc. operates an asset-light model in the logistics industry with several competitive advantages. Despite challenges in Q1 FY 2024, EXPD has attractive economics and the potential to trade to $158 per share using conserv...

SEATTLE--(BUSINESS WIRE)--Expeditors International of Washington, Inc. (NYSE:EXPD) today announced that on May 6, 2024 its Board of Directors declared a semi-annual cash dividend of $0.73 per share, payable on June 17, 2024 to shareholders of record as of June 3, 2024. Expeditors is a global logistics company headquartered in Seattle, Washington. The Company employs trained professionals in 176...

SEATTLE--(BUSINESS WIRE)--Expeditors International of Washington, Inc. (NYSE:EXPD) today announced first quarter 2024 financial results including the following comparisons to the same quarter of 2023: Diluted Net Earnings Attributable to Shareholders per share (EPS1) decreased 19% to $1.17 Net Earnings Attributable to Shareholders decreased 25% to $169 million Operating Income decreased 22% to ...

Eleven long-term dividend growth companies announced their annual dividend increases in the second half of April. Investors were rewarded with 10%+ increases from Grainger and Parker-Hannifin.