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06.05.25 - 14:33
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Expeditors Reports First Quarter 2025 EPS of $1.47 (Business Wire)
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BELLEVUE, Wash.--(BUSINESS WIRE)--Expeditors International of Washington, Inc. (NYSE:EXPD) today announced first quarter 2025 financial results including the following comparisons to the same quarter of 2024:
Diluted Net Earnings Attributable to Shareholders per share (EPS1) increased 26% to $1.47
Net Earnings Attributable to Shareholders increased 20% to $204 million
Operating Income increased 24% to $266 million
Revenues increased 21% to $2.7 billion
Airfreight tonnage increased 9% and ocean container volume increased 8%
"We continue to pull the right levers to grow all of our businesses with current customers as well as new ones," said Daniel R. Wall, President and Chief Executive Officer. "We grew air tonnage and ocean volumes year-over-year as all of our teams across our global network performed their best in a very difficult market. I especially want to thank our brokerage teams for maximizing their efforts and all of their additional work to address the frenzied landscape of tariffs,...
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