Expeditors Delivers Stellar Q4, Outperforming Revenue Targets
Company Overview
Expeditors (NYSE: EXPD) provides air and ocean freight services, including brokerage.
Q4 2024 Highlights
* Revenue: $2.95 billion (29.7% YoY growth, 4.3% beat)
* EPS (GAAP): $1.68 (16.7% beat)
* Adjusted EBITDA: $332.8 million (24.3% beat)
Financial Performance
Sales Growth:
* 5.3% CAGR over past 5 years
* Q4 2024 revenue growth of 29.7%
* Analysts project flat revenue growth over next 12 months
Operating Margin:
* 10.5% average over the past 5 years
* Q4 2024 operating margin of 10.2%
Earnings Per Share (EPS):
* 11% CAGR over the past 5 years
* Q4 2024 EPS of $1.68 (16.4% YoY growth)
* Wall Street projects 4.2% decline in EPS over the next 12 months
Key Takeaways
* Expeditors significantly exceeded EBITDA expectations.
* Revenue outperformed analyst estimates by a substantial margin.
* Strong showing in air and ocean freight segments.
Valuation and Investment Considerations
* Market capitalization: $15.54 billion
* Stock traded up 5.2% after Q4 results
* Consider valuation, business qualities, and recent performance before investing.
Conclusion
Expeditors' strong Q4 performance demonstrates the company's ability to adapt to challenging conditions and capitalize on growth opportunities. Investors should carefully evaluate factors such as valuation and business prospects before making an investment decision. Access our full research report for a comprehensive analysis of Expeditors.