Expeditors International Rises On Upbeat Q2 Forecasts

Shares of Expeditors International of Washington Inc EXPD are rising after the upbeat Q2 outlook. EXPD’s shares moved up to settle at $39.88 at 10:21 am EDT, reflecting a 7.32% gain. EXPD has issued Q2 earnings forecast above the estimates on growth in freight volume. Expeditors International’s stock has fallen 1.98% over the past month, while it has gained 7.46% so far this year. Read more from Benzinga's Company news.