SEATTLE (dpa-AFX) - Expeditors International of Washington Inc. (EXPD) revealed a profit for its fourth quarter that increased from the same period last year.
The company's earnings totaled $198.62 million, or $1.16 per share. This compares with $137.33 million, or $0.79 per share, in last year's fourth quarter.
Analysts had expected the company to earn $1.07 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 55.4% to $3.17 billion from $2.04 billion last year.
Expeditors International of Washington Inc. earnings at a glance:
-Earnings (Q4): $198.62 Mln. vs. $137.33 Mln. last year. -EPS (Q4): $1.16 vs. $0.79 last year. -Analysts Estimate: $1.07 -Revenue (Q4): $3.17 Bln vs. $2.04 Bln last year.
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