Expeditors International of Washington Inc. Profit Advances In Q3, Beats estimates

(RTTNews) - Expeditors International of Washington Inc. (EXPD) revealed earnings for its third quarter that advanced from last year.

The company's earnings totaled $359.1 million, or $2.09 per share. This compares with $191.3 million, or $1.12 per share, in last year's third quarter.

Analysts had expected the company to earn $1.77 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 83.8% to $4.32 billion from $2.35 billion last year.

Expeditors International of Washington Inc. earnings at a glance:

-Earnings (Q3): $359.1 Mln. vs. $191.3 Mln. last year. -EPS (Q3): $2.09 vs. $1.12 last year. -Analysts Estimate: $1.77 -Revenue (Q3): $4.32 Bln vs. $2.35 Bln last year.