Investing.com - Expeditors Washington reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Expeditors Washington announced earnings per share of $1.67 on revenue of $3.36B. Analysts polled by Investing.com anticipated EPS of $1.05 on revenue of $2.64B.
Expeditors Washington shares are up 18% from the beginning of the year and are trading at $113.25 , down-from-52-week-high.They are outperforming the S&P 500 which is up 11.62% from the start of the year.
Expeditors Washington shares gained 0.15% in pre-market trade the report.
Expeditors Washington follows other major Transportation sector earnings this month
Expeditors Washington's report follows an earnings beat by United Parcel Service on Tuesday, April 27, 2021, who reported EPS of $2.77 on revenue of $22.69B, compared to forecasts EPS of $1.73 on revenue of $20.58B.
Union Pacific had missed expectations on Thursday, April 22, 2021 with first quarter EPS of $2 on revenue of $5B, compared to forecast for EPS of $2.06 on revenue of $5.05B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar