Exhibit 99.1 EARNINGS RELEASE By: Expeditors International of Washington, Inc. Sterling Plaza 2, 3rd Floor 3545 Factoria Blvd. SE Bellevue, Washington 98006 CONTACTS: Jeffrey S. Musser Bradley S. Powell Geoffrey Buscher President and Chief Executive Officer Senior Vice President and Chief Financial Officer Director - Investor Relations (206) 674-3433 (206) 674-3412 (206) 892-4510 FOR IMMEDIATE RELEASE EXPEDITORS REPORTS THIRD QUARTER 2024 EPS OF $1.63 BELLEVUE, WASHINGTON - November 5, 2024, Expeditors Inte ...

Expeditors International (EXPD) reported $3 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 37%. EPS of $1.63 for the same period compares to $1.16 a year ago.The reported revenue represents a surprise of +26.72% over the Zacks Consensus Estimate of $2.37 billion. With the consensus EPS estimate being $1.33, the EPS surprise was +22.56%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations ...

Expeditors International (EXPD) came out with quarterly earnings of $1.63 per share, beating the Zacks Consensus Estimate of $1.33 per share. This compares to earnings of $1.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 22.56%. A quarter ago, it was expected that this logistics services provider would post earnings of $1.24 per share when it actually produced earnings of $1.24, delivering no surprise.Over the last four qu ...

Core Viewpoint - Analysts forecast that Expeditors International (EXPD) will report quarterly earnings of $1.33 per share, reflecting a year-over-year increase of 14.7%, with revenues expected to reach $2.37 billion, an 8.1% increase compared to the previous year [1]. Earnings Estimates - Over the past 30 days, the consensus EPS estimate has been adjusted upward by 0.2%, indicating a reassessment of initial projections by covering analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock price performance [3]. Revenue Forecasts - Analysts predict 'Revenues- Airfreight services' to be $805.65 million, representing an 11.2% increase year-over-year [5]. - 'Revenues- Ocean freight and ocean services' are expected to reach $626.68 million, indicating an 11.9% year-over-year change [5]. - The consensus for 'Net revenues- Ocean freight and ocean services' is $181.54 million, reflecting a 5.2% increase from the previous year [5]. - 'Net revenues- Airfreight services' are estimated at $214.57 million, showing a 3.3% year-over-year change [6]. - 'Net revenues- Customs brokerage and other services' are projected to be $415.49 million, indicating a 2% increase from the prior year [6]. - The consensus estimate for 'Revenues- Customs brokerage and other services' stands at $935.18 million, reflecting a 3.3% year-over-year change [6]. Stock Performance - Over the past month, Expeditors International shares have recorded a return of -4.9%, while the Zacks S&P 500 composite has changed by +1% [7]. - Based on its Zacks Rank 2 (Buy), EXPD is expected to outperform the overall market in the upcoming period [7].

Expeditors International (EXPD) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on November 5, 2024, might help the stock move higher if these key numbers ...

Expeditors International of Washington (EXPD) is scheduled to report its third-quarter 2024 results on Nov. 5 before market open. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. The company has a disappointing earnings history, having missed the Zacks Consensus Estimate in two of the preceding four quarters and surpassed twice. The average miss is 2.7%. The Zacks Consensus Estimate for EXPD's soon-to-be-reported quarter's earnings is pegged at $1.33 per share, revised upward by 3.10% ...

Expeditors International (EXPD) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Th ...

Expeditors' (EXPD) robust liquidity position is boosting the company's financial stability. The shareholderfriendly approach also bodes well for the company. However, EXPD is grappling with increased operating expenses, hurting the company's bottom line. Factors Favoring EXPD Expeditors' commitment to rewarding its shareholders through dividends and buybacks is encouraging. The company has returned $205 million to shareholders in stock repurchases and dividends during the second quarter of 2024. These initi ...

It has been about a month since the last earnings report for Expeditors International (EXPD) . Shares have added about 7.1% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Expeditors International due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Expeditors' Q2 Earni ...

Expeditors International of Washington's (EXPD) shareholder-friendly initiatives and strong liquidity bode well. The transportation company, however, grapples with declining volumes and high capex-related challenges. Factors Favoring EXPD Expeditors is making constant efforts to boost the value of its shareholders. Management announced a 3% increase in its semi-annual cash dividend in May 2023. EXPD had hiked its semi-annual cash dividend in 2022 as well. The company is also active on the share buyback fron ...