Investing.com - Expeditors Washington reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Expeditors Washington announced earnings per share of $2.66 on revenue of $5.4B. Analysts polled by Investing.com anticipated EPS of $2.1 on revenue of $4.43B.
Expeditors Washington shares are down 20% from the beginning of the year and are trading at $106.22 , down-from-52-week-high.They are under-performing the Nasdaq which is down 13.4% from the start of the year.
Expeditors Washington follows other major Industrials sector earnings this month
Expeditors Washington's report follows an earnings beat by United Parcel Service on February 1, who reported EPS of $3.59 on revenue of $27.85B, compared to forecasts EPS of $3.1 on revenue of $27.06B.
Raytheon Technologies had beat expectations on January 25 with fourth quarter EPS of $1.08 on revenue of $17.04B, compared to forecast for EPS of $1.02 on revenue of $17.29B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar