Expeditors International of Washington Inc. Earnings Drop In Q4

(RTTNews) - Expeditors International of Washington Inc. (EXPD) revealed a profit for fourth quarter that decreased from the same period last year.

The company's profit totaled $137.33 million, or $0.79 per share. This compares with $179.21 million, or $1.02 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.85 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 8.5% to $2.04 billion from $2.23 billion last year.

Expeditors International of Washington Inc. earnings at a glance:

-Earnings (Q4): $137.33 Mln. vs. $179.21 Mln. last year. -EPS (Q4): $0.79 vs. $1.02 last year. -Analysts Estimate: $0.85 -Revenue (Q4): $2.04 Bln vs. $2.23 Bln last year.