Expeditors International of Washington Inc. (EXPD) on Tuesday reported second-quarter net income of $377.8 million.
The Seattle-based company said it had profit of $2.27 per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.09 per share.
The logistics services provider posted revenue of $4.6 billion in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $4.47 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EXPD at https://www.zacks.com/ap/EXPD
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