Expeditors International of Washington, Inc. (NYSE:EXPD) today announced fourth quarter 2023 financial results including the following highlights compared to the same quarter of 2022:
Diluted Net Earnings Attributable to Shareholders per share (EPS(1)) decreased 21% to $1.09
Net Earnings Attributable to Shareholders decreased 28% to $159 million
Operating Income decreased 40% to $199 million
Revenues decreased 34% to $2.3 billion
Airfreight tonnage volume decreased 3% and ocean container volume decreased 10%
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