Logistics and freight forwarding company Expeditors (NYSE: EXPD) will be reporting results tomorrow before the bell. Here’s what to look for.
Expeditors beat analysts’ revenue expectations by 4.3% last quarter, reporting revenues of $2.95 billion, up 29.7% year on year. It was a stunning quarter for the company, with a solid beat of analysts’ EBITDA estimates.
Is Expeditors a buy or sell going into earnings? Read our full analysis here, it’s free.
This quarter, analysts are expecting Expeditors’s revenue to grow 16.6% year on year to $2.57 billion, a reversal from the 14.9% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.37 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Expeditors has missed Wall Street’s revenue estimates five times over the last two years.
Looking at Expeditors’s peers in the transportation and logistics segment, some have already reported their Q1 results, giving us a hint as to what we can expect. United Parcel Service posted flat year-on-year revenue, beating analysts’ expectations by 2.1%, and C.H. Robinson Worldwide reported a revenue decline of 8.3%, falling short of estimates by 4.9%. United Parcel Service traded down 1.8% following the results while C.H. Robinson Worldwide was up 1.2%.
Read our full analysis of United Parcel Service’s results here and C.H. Robinson Worldwide’s results here.
There has been positive sentiment among investors in the transportation and logistics segment, with share prices up 13% on average over the last month. Expeditors is up 6% during the same time and is heading into earnings with an average analyst price target of $112.51 (compared to the current share price of $112.01).
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