Investing.com - Expeditors Washington reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Expeditors Washington announced earnings per share of $1.84 on revenue of $3.61B. Analysts polled by Investing.com anticipated EPS of $1.62 on revenue of $3.39B.
Expeditors Washington shares are up 33% from the beginning of the year and are trading at $126.59 , down-from-52-week-high.They are outperforming the Nasdaq which is up 13.91% from the start of the year.
Expeditors Washington follows other major Industrials sector earnings this month
Expeditors Washington's report follows an earnings beat by United Parcel Service on Tuesday, July 27, 2021, who reported EPS of $3.06 on revenue of $23.42B, compared to forecasts EPS of $2.81 on revenue of $23.19B.
Honeywell had beat expectations on Friday, July 23, 2021 with second quarter EPS of $2.02 on revenue of $8.81B, compared to forecast for EPS of $1.94 on revenue of $8.64B.
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