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Dec 31, 2024
Expeditors Q4 2024 Earnings Report
Expeditors reported strong financial performance in Q4 2024 with significant revenue and earnings growth.
Key Takeaways
Expeditors International of Washington, Inc. reported a 30% year-over-year revenue increase to $2.95 billion in Q4 2024. Net income grew 49% to $236 million, while operating income surged 51% to $301 million. EPS rose 54% to $1.68. Strong demand in Asia and e-commerce-driven airfreight helped drive performance.
Revenue increased 30% year-over-year to $2.95 billion.
Net income grew 49% to $236 million.
Operating income surged 51% to $301 million.
EPS increased 54% to $1.68.
Revenue by Segment
Forward Guidance
Expeditors remains cautious about future demand due to geopolitical risks and regulatory changes but expects continued opportunities in freight forwarding.
Positive Outlook
- Strong demand for e-commerce and technology-related logistics.
- Airfreight demand remains robust despite volatile conditions.
- Increased customs activity supports revenue growth.
- Company remains flexible in navigating disruptions.
- Operational efficiency remains above 30% target.
Challenges Ahead
- Geopolitical uncertainties impacting ocean transit routes.
- Potential changes in U.S. de minimis regulations.
- Continued inflationary pressures on transportation costs.
- Limited visibility into air and ocean capacity trends.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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