Expeditors International of Washington Inc
EXPD: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| %f@ | LOCK|?v | LOCK|?GBH!l# |
Expeditors Earnings: Tough Comps and Soft Pricing Weigh on Ocean Freight Revenue
Expeditors International's fourth-quarter gross revenue fell 3% year over year as the US import pull-forward ended, creating tough comps for ocean demand and pricing. Operating profitability deteriorated but remains strong relative to competitors.
