Expeditors reports 62% increase in third-quarter EPS to $2.65
Filed with the SEC on · Summarized by InvestorsBot
Expeditors International reported third-quarter 2026 revenue of $4.1 billion, up 42% from the same quarter in 2025, while net earnings rose 55% to $345 million and operating income increased 55% to $445 million. Airfreight tonnage grew 13% and ocean container volume rose 7%, with strong demand from hyperscalers and technology customers; the company returned $197 million through share repurchases during the quarter and $946 million through dividends and repurchases in the first nine months.