Logistics firm Expeditors Worldwide of Washington, Inc. (NASDAQ: EXPD) introduced monetary outcomes for the fourth quarter of 2024, reporting a pointy improve in income and web earnings.
- On a per-share foundation, web earnings attributable to shareholders jumped 54% year-over-year to $1.68 in This autumn
- Web earnings attributable to the corporate was $236 million within the December quarter, up 49% year-over-year
- Whole revenues elevated 30% from final 12 months to $3.0 billion within the fourth quarter; airfreight tonnage and container quantity rose 11% and 14%, respectively
- At $301 million, working Revenue was up 51% in comparison with the fourth quarter of 2023
- The corporate returned $1.1 billion to shareholders by way of inventory repurchases and dividends in 2024