Expeditors International Of Washington Inc. Announces Climb In Q2 Income, Beats Estimates

(RTTNews) - Expeditors International of Washington Inc. (EXPD) revealed a profit for its second quarter that Increases, from last year and beat the Street estimates.

The company's earnings came in at $183.57 million, or $1.35 per share. This compares with $175.47 million, or $1.24 per share, last year.

Analysts on average had expected the company to earn $1.24 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 8.7% to $2.651 million from $2.439 million last year.

Expeditors International of Washington Inc. earnings at a glance (GAAP) :

-Earnings: $183.57 Mln. vs. $175.47 Mln. last year. -EPS: $1.35 vs. $1.24 last year. -Revenue: $2.651 Mln vs. $2.439 Mln last year.