Expeditors International of Washington Earned 29 Cents a Share

Expeditors‘ (EXPD) earnings came out before the bell. The company earned 29 cents a share for the third quarter which matched estimates. Last year, EXPD netted 22 cents a share. The shares are a bit pricey here. Since the beginning of the year, the stock is up over 40% for us. The shares are going for about 36 times next year’s earnings.

Posted by on November 7th, 2006 at 9:33 am


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