Expeditors International of Washington, Inc. (EXPD) earnings on August 4, 2026

Before the market opens Q2 2026

More Expeditors International of Washington, Inc. earnings

Prior outlook: Pessimistic Outcome: Missed

Expeditors International's stock jumped sharply after the company reported quarterly profit and sales that both beat analyst expectations. The strong performance drove a significant positive market reaction.

EXPD price around the earnings

181.48

Change: +6.4%

2026-08-04, 20:00 UTC

End of the measured window
168.66 173.35 178.05 182.74 170.59
Price series around the eventClosing price per minute from before the event to the end of the measured window.No trading (market closed)
August 4, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • End of the measured window
  • Market open
  • No trading (market closed)
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Pessimistic Outcome: Missed

Thesis published
Results released

Weak trend and cautious analysts, despite strong earnings

The company has an outstanding record of beating earnings, but analysts are cautious and the stock has been losing ground recently. The negative trend and pessimistic price targets outweigh the strong earnings history, leading to a pessimistic outlook.

Context analyzed before publication

Summary
Weak trend and cautious analysts, despite strong earnings
Playbook
The stock has fallen 3.97% over the past two weeks, and analysts' average price target implies a 7.9% downside. Despite a strong recent earnings beat rate, the recent price weakness and pessimistic targets dominate the picture.
Trend
Analyst sentiment cooling, outlook worsening

Analysts

Drivers

  • Analysts Negative

    Analysts have a mean hold rating (3.24) and a target price implying -7.9% downside, despite some recent target raises.

Evidence

Analyst consensus
Hold
Consensus average (1-5)
3.24
Analysts covering the stock
14
Average price target
157.14
Lowest price target
95
Highest price target
200
Upside to price target
-7.9%
Quarterly earnings growth
12.7%
Revenue growth
4.4%
Forward EPS
7.02
Trailing EPS
6.2
Analyst moves in the last 60 days
6
  • Strong buy: 0
  • Buy: 3
  • Hold: 8
  • Sell: 4
  • Strong sell: 2
Strong buy
0
Buy
3
Hold
8
Sell
4
Strong sell
2
  • July 21, 2026 · B of A Securities: Maintains rating (Buy → Buy)
  • July 15, 2026 · Citizens: Initiates coverage (Market Perform)
  • July 15, 2026 · Truist Securities: Maintains rating (Hold → Hold)
  • July 15, 2026 · Stifel: Maintains rating (Hold → Hold)
  • July 9, 2026 · UBS: Maintains rating (Buy → Buy)
  • June 25, 2026 · Barclays: Maintains rating (Underweight → Underweight)

News and sentiment

Evidence

Sentiment
Sentiment
Constructive
Mention volume
High
Normalized volume
99%
News
Sources (5)

Technicals

Drivers

  • Technical Negative

    The stock's trend strength is negative over 14 days (-3.97%), indicating recent price weakness.

Evidence

Price when the context was analyzed
170.35
Average true range (ATR)
2.1%
Distance to 52-week high
-8.2%
14-day change (14d)
-4.0%
30-day change (32d)
+1.6%
30-day relative strength
-0.1%
SPY change (32d)
+1.7%
Nearest support
170.11
Distance to nearest support
0.1%
Nearest resistance
171.13
Distance to nearest resistance
0.5%
Volume accumulation ratio (14d / 46d)
1.01
  • Mid: 170.11 (0.1% away, 0.07 ATR, 11 touches)
  • Mid: 169.33 (0.6% away, 0.29 ATR, 12 touches)
  • Mid: 167.91 (1.4% away, 0.69 ATR, 16 touches)
  • Minor: 171.13 (0.5% away, 0.22 ATR, 3 touches)
  • Mid: 172.06 (1% away, 0.49 ATR, 5 touches)
  • Mid: 172.92 (1.5% away, 0.73 ATR, 8 touches)

Trends

Evidence

Average earnings surprise
+14.0%
  • May 5, 2026: actual EPS 1.71 vs estimate 1.34 (surprise +27.8%)
  • February 24, 2026: actual EPS 1.49 vs estimate 1.46 (surprise +2.4%)
  • November 4, 2025: actual EPS 1.64 vs estimate 1.39 (surprise +18.1%)
  • August 5, 2025: actual EPS 1.34 vs estimate 1.24 (surprise +7.9%)

Expected move

Drivers

  • Past earnings Positive

    The company has beaten earnings expectations in all of the last four quarters, with an exceptional average surprise of +14.0%.

Implied move
+2.3%
Source
Options chain

Reactions over its last 20 earnings

Median move
4%
75th percentile move
5.9%
90th percentile move
9.1%
Up / down moves
7 / 13
Average up move
+5.3%
Average down move
-3.7%

Monitoring and close

What Expeditors International of Washington, Inc. reported

Status
Finished
Actual EPS2.03
EPS estimate1.67
EPS surprise+21.6%
Revenue$3,502 million
Revenue estimate$2,888 million
Revenue surprise+21.3%

Expeditors reported Q2 earnings surged 51.5%, driven by strong airfreight demand, customs complexity and productivity gains across global operations.

Sources (9)

Pre-market second reading after the results

Verdict
Beat expectations

Heading into the open, results beat expectations on both earnings and revenue, and the price is indicating +2.3% pre-market, a move below the stock's usual reaction (about 4%). The figures don't confirm the prior scenario: the comparable cases aren't consistent enough.

How the stock reacted

Outcome
Missed
Consolidated
+6.4%
Max favorable move (MFE)
1.6%
Max adverse move (MAE)
7.1%