Expeditors 'adapted well in an erratic quarter' – but earnings disappoint
Expeditors’ Q2 results will have left investors disappointed, with softer-than-expected earnings and a “still-heavy” cost ...
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Typically no calls with analysts post-results, and little disclosure and insight concerning some key metrics: that’s the Expeditors way.
But long-awaited since early August, the “selected questions and answers” session published by management in an 8-K filing lodged yesterday with the Securities and Exchange Commission, finally hit my inbox.
And frankly, it was quite delusional: Just three questions answered, mostly stating the obvious! Mostly.
Known for not being willing to engage in a meaningful way, its stock at $102 trading about 35 bucks away ...
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