Expeditors Soars After Hours

Expeditors International (EXPD) reported a great first quarter. For the first threee months of the year, Expeditors made $52.4 million, or 47 cents per share. This is a huge increase from the $30.9 million, or 28 cents per share, it made a year ago. Revenue rose to $1.02 billion from $825.2 million. Wall Street was looking for earnings of 39 cents a share. The stock is up over 10% in after-hours trading.

Posted by on May 3rd, 2006 at 6:07 pm


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.