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Valued at a market cap of $15.4 billion, Expeditors International of Washington, Inc. (EXPD) provides logistics services, including international freight forwarding and consolidation, for both air and ocean freight. The Seattle, Washington-based company also provides optimization, trade compliance consulting, cargo security, and solutions. It is expected to announce its fiscal Q4 earnings results on Tuesday, Feb. 18.
Ahead of this event, analysts expect the logistics company to report a profit of $1.43 per share, up 31.2% from $1.09 per share in the year-ago quarter. The company has met or beaten Wall Street's bottom-line estimates in three of the last four quarters while missing on another occasion. Its earnings of $1.63 per share in the previous quarter crushed the forecasted figure by a notable margin of 22.6%.
