Expeditors International managed to beat Wall Street consensus and make more money than last year’s first quarter despite a cyberattack in February and a notable drop in the amount of tonnage the company handled.
Expeditors (NASDAQ: EXPD), a 3PL that moves freight via air and ocean, earned $2.05 per share for the first quarter, which was 26 cents better than consensus forecast, according to Seeking Alpha. Revenue of $4.7 billion was better than consensus by $440 million.
The net income was up...