Hot key for expectations
Hot key for expectations

There was less joy than pain embedded in the first-quarter results of Expeditors, which were released today before the US stock markets opened.

Surprisingly or not, its stock fell over 5% in early trade to $74.6 – it is still about seven bucks above my fair value estimates – to then recoup some of its lost value, and then fall again, confirming that only DSV, somehow, managed to beat the air market growth rates; the most bullish estimates both in ocean ...

Subscription required for Premium stories

In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium

Or buy full access to this story only for £15.00

Please login to activate the purchase link or sign up here to register an account

Premium subscriber
New Premium subscriber REGISTER

Comment on this article


You must be logged in to post a comment.