Expeditors International shares continue to outperform the S&P 500 after a stellar Q2 earnings report highlighted by 51% EPS growth and strong demand across its global logistics segments.
Expeditors reported strong Q2 earnings with EPS up 51% and revenue up 32%, and its stock has outperformed the S&P 500 across multiple timeframes.
J.B. Hunt is mentioned as a rival that has lagged EXPD on a YTD basis but outperformed over the past 52 weeks.
The S&P 500 is used as the benchmark index to compare EXPD's performance.
Expeditors International (EXPD) reported a robust second quarter with EPS jumping 51% to $2.03 and revenue climbing 32% to $3.5 billion. Driven by strong airfreight demand and AI-related logistics, the stock has significantly outperformed the S&P 500, rising 28.1% year-to-date despite a cautious 'Hold' consensus from analysts.
Expeditors has significantly outperformed the S&P 500, posting a 28.1% YTD gain compared to the index's 12.5% return, and a 58.9% gain over the past 52 weeks.
Growth was driven by a 14% increase in airfreight tonnage and double-digit revenue growth across customs, transcon, and distribution services, aided by AI hyperscaler demand.