Expeditors Q1 2025 Earnings Beat, Shares Drop

Expeditors International of Washington reported strong first-quarter 2025 results, beating analyst expectations with $2.67 billion in revenue (up 21% year-on-year) and $1.47 earnings per share, fueled by robust demand in technology and e-commerce sectors and accelerated shipments ahead of anticipated tariffs. Airfreight tonnage rose 9% and ocean container volume increased 8%. Following the report, shares dropped 5% as executives cited ongoing uncertainty from shifting trade policies, new tariffs, and early signs of declining ocean volumes from China to the U.S. The company is investing in technology and cybersecurity and returning capital to shareholders through stock buybacks. Despite the strong quarter, Expeditors faces long-term industry volatility and mediocre five-year annualized revenue growth. Management remains cautious but committed to adapting to changing trade and economic conditions.