Investing.com - Expeditors Washington reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.
Expeditors Washington announced earnings per share of $2.54 on revenue of $4.36B. Analysts polled by Investing.com anticipated EPS of $2.00 on revenue of $4.36B.
Expeditors Washington shares are down 28% from the beginning of the year and are trading at $95.85 , down-from-52-week-high.
Expeditors Washington shares gained 0.13% in pre-market trade the report.
Expeditors Washington follows other major Industrials sector earnings this month
Expeditors Washington's report follows an earnings beat by United Parcel Service on October 25, who reported EPS of $2.99 on revenue of $24.59B, compared to forecasts EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on October 25 with third quarter EPS of $1.21 on revenue of $16.95B, compared to forecast for EPS of $1.14 on revenue of $17.31B.
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