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Stock impact report

Expeditors International of Washington Inc Reports Decline in Q4 Earnings Amid Market Uncertainty [Yahoo! Finance]

Expeditors International of Washington, Inc. (EXPD) 
Last expeditors international of washington, inc. earnings: 2/18 08:30 am Check Earnings Report
US:NASDAQ Investor Relations: investor.expeditors.com
Company Research Source: Yahoo! Finance
Operating Income : Dropped by 40% to $199 million in the reported quarter. Earnings Per Share (EPS) : Diluted EPS decreased by 21% to $1.09. Cash Flow : Generated $1.1 billion in cash flow from operations in 2023. Shareholder Returns : Returned $1.6 billion to shareholders in share repurchases and dividends. Staff Reductions : Reduced headcount as part of cost control measures. On February 20, 2024, Expeditors International of Washington Inc ( NYSE:EXPD ) released its 8-K filing , revealing a significant decrease in its fourth-quarter earnings for 2023. The logistics giant, known for its non-asset-based third-party logistics services, including international freight forwarding, customs brokerage, and various other value-added logistics services, has reported a challenging quarter with a notable decline in revenue, net earnings, and operating income. Financial Performance and Market Challenges EXPD's President and CEO, Jeffrey S. Musser, cited 'uncertainty' as the defini Show less Read more
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