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Expeditors Q1 23 numbers out

XOM: GO GREEN NOWKNIN: BOUNCING OFF NEW LOWS HON: BREAK-UP PRESSURECHRW: UPGRADESZIM: LAGGARDFWRD: LEADINGMAERSK: OPPORTUNISTIC UPGRADETSLA: GETTING OUTDSV: DOWN BELOW KEY LEVELLINE: DOWN TO ALL-TIME LOWS AMZN: DEI HURDLESAAPL: DEI RECOMMENDATIONAAPL: INNOVATIONF: MAKING MONEY IN CHINAMAERSK: THE DAY AFTER

XOM: GO GREEN NOWKNIN: BOUNCING OFF NEW LOWS HON: BREAK-UP PRESSURECHRW: UPGRADESZIM: LAGGARDFWRD: LEADINGMAERSK: OPPORTUNISTIC UPGRADETSLA: GETTING OUTDSV: DOWN BELOW KEY LEVELLINE: DOWN TO ALL-TIME LOWS AMZN: DEI HURDLESAAPL: DEI RECOMMENDATIONAAPL: INNOVATIONF: MAKING MONEY IN CHINAMAERSK: THE DAY AFTER

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Expeditors yesterday announced its Q1 23 results. Highlights:

– Diluted Net Earnings Attributable to Shareholders per share (EPS1) decreased 29% to $1.45

– Net Earnings Attributable to Shareholders decreased 35% to $226 million

– Operating Income decreased 40% to $276 million

– Revenues decreased 44% to $2.6 billion

– Airfreight tonnage volume decreased 6% and ocean container volume decreased 26%

Full details can be found here in the 8-K filing.

Stock down 2.77% on Tuesday, 2 May.

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