Expeditors International Q4 Revenue Drops 3.5% to $2.89B Ahead of 3.4% Forecasted Fall
Expeditors International posted $2.89B in Q4 revenue, down 3.5% year-on-year, but topped analysts’ EBITDA and adjusted operating income estimates. For the upcoming report, street forecasts call for a 3.4% YoY revenue decline, with analysts maintaining estimates as shares trade 1.6% lower over the past month versus peers’ average 7.1% gain.
1. Last Quarter Performance
Expeditors International delivered $2.89B in revenues for the fourth quarter, a 3.5% year-over-year decline. The company surpassed consensus on EBITDA and adjusted operating income, marking consecutive beats on profitability despite top-line contraction.
2. Upcoming Quarter Expectations
Street projections anticipate a 3.4% drop in revenue for the upcoming quarter, reversing a 29.7% surge from the previous year. Analysts have largely reaffirmed estimates over the past month, indicating steady expectations ahead of the report.
3. Peer Comparisons and Share Trends
United Parcel Service saw a 3.2% revenue decline but beat estimates by 1.8%, while C.H. Robinson reported a 6.5% fall and missed by 1.9%, prompting a 3.1% drop in UPS shares and 5.1% gain for CHRW. Expeditors shares are 1.6% lower over the past month against a 7.1% sector gain, trading below an average analyst price target of $140.47 versus the current $156.34.