News / Business
(NASDAQ:EXPD) profit fell 33%, Shares Down - Stock Loser
Stock Loser Alert
Subscribe to
Expeditors International of Washington (NASDAQ:EXPD) said Tuesday that its third-quarter profit fell 33% to $57.7 million, or 27 cents a share, from $85.6 million, or 39 cents a share, in the year-ago period. Revenue for the transportation company declined to $1.04 billion from $1.56 billion. Analysts polled by FactSet Research were looking for a profit, on average, of 29 cents a share on revenue of $1.01 billion.
Expeditors International of Washington, Inc. (Expeditors International) is engaged in the business of providing global logistics services.
Penny Stock Pick Report alerts investors on Top Stocks that would help investors to generate higher than average returns. These include various types of stocks with huge volume, penny stocks that are moving to the upside quickly, penny stocks with buy signals and companies with news. Our regular Stock Alerts, Penny Stock Trading Alerts helps investors to achieve incredible results in a short amount of time and our members have made remarkable profits of over 100%.
