Expeditors International (EXPD) Q3 revenue $4.1 billion vs $3.64 billion est.; EPS $2.65 vs $2.27 est.
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Expeditors International reported third-quarter 2026 EPS of $2.65, up 62% year over year and well above the $2.27 consensus, while revenue rose 42% to $4.1 billion versus the $3.64 billion estimate. Net earnings attributable to shareholders climbed 55% to $345 million and operating income rose 55% to $445 million. Airfreight tonnage increased 13%, with ocean volumes also higher. The results from the Bellevue, Washington-based freight forwarder suggest strong pricing and volume trends in global logistics despite trade-policy uncertainty. Investors will watch whether the margin strength persists into the fourth quarter and how management characterizes air and ocean demand.
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