Shares of Expeditors International of Washington (EXPD) surged 5.01% in pre-market trading on Tuesday following the release of the company's impressive third-quarter 2025 financial results. The global logistics company significantly outperformed analyst expectations, demonstrating resilience in a challenging freight environment.
Expeditors reported earnings per share (EPS) of $1.64 for the third quarter, surpassing the FactSet analyst consensus estimate of $1.41. This represents a 1% increase compared to the same quarter last year. The company's revenue for the quarter came in at $2.9 billion, beating the analyst expectations of $2.67 billion, despite a 4% year-over-year decline.
Despite facing headwinds in the ocean freight sector, Expeditors showed strength in other areas of its business. The company reported a 4% increase in airfreight tonnage, driven by exports from North and South Asia, as well as growth in strategic verticals like technology and pharmaceuticals. Additionally, Expeditors' customs brokerage segment demonstrated robust growth, benefiting from high demand and investments in AI infrastructure. The company's ability to navigate market challenges and deliver solid results appears to be resonating well with investors, as reflected in the pre-market stock surge.