EXPD - Expeditors GAAP EPS of $1.38 misses by $0.59 revenue of $3.44B misses by $500M
- Expeditors press release ( NASDAQ: EXPD ): Q4 GAAP EPS of $1.38 misses by $0.59 .
- Revenue of $3.44B (-36.2% Y/Y) misses by $500M .
- Airfreight tonnage volume decreased 20% and ocean container volume decreased 15%.
- The fourth quarter of 2022 effective tax rate was 33.1%, compared to 27.5% in the year-ago quarter.
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Expeditors GAAP EPS of $1.38 misses by $0.59, revenue of $3.44B misses by $500M