The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Expeditors (NYSE:EXPD) and the rest of the air freight and logistics stocks fared in Q4.
The growth of e-commerce and global trade continues to drive demand for expedited shipping services, presenting opportunities for air freight companies. The industry continues to invest in advanced technologies such as automated sorting systems and real-time tracking solutions to enhance operational efficiency. Despite the advantages of speed and global reach, air freight and logistics companies are still at the whim of economic cycles. Consumer spending, for example, can greatly impact the demand for these companies’ offerings while fuel costs can influence profit margins.
The 6 air freight and logistics stocks we track reported a mixed Q4. As a group, revenues missed analysts’ consensus estimates by 0.7%.
While some air freight and logistics stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 4.9% since the latest earnings results.
Best Q4: Expeditors (NYSE:EXPD)
Expeditors (NYSE:EXPD) offers air and ocean freight as well as brokerage services.
Expeditors reported revenues of $2.95 billion, up 29.7% year on year. This print exceeded analysts’ expectations by 4.3%. Overall, it was a stunning quarter for the company with a solid beat of analysts’ EBITDA estimates.
“As in Q3 2024, our fourth quarter results demonstrate our ability to adapt to highly volatile conditions and win new business,” said Jeffrey S. Musser, President and Chief Executive Officer.
Expeditors scored the biggest analyst estimates beat and fastest revenue growth of the whole group. The results were likely priced in, however, and the stock is flat since reporting. It currently trades at $114.02.
Is now the time to buy Expeditors? Access our full analysis of the earnings results here, it’s free.
FedEx (NYSE:FDX)
Sporting one of the largest air cargo fleets in the world, FedEx (NYSE:FDX) is a global provider of parcel and cargo delivery services.
FedEx reported revenues of $21.97 billion, flat year on year, falling short of analysts’ expectations by 0.7%. The business performed better than its peers, but it was unfortunately a mixed quarter with an impressive beat of analysts’ adjusted operating income estimates.
Although it had a fine quarter compared to its peers, the market seems unhappy with the results as the stock is down 3.4% since reporting. It currently trades at $266.30.
Is now the time to buy FedEx? Access our full analysis of the earnings results here, it’s free.
Weakest Q4: GXO Logistics (NYSE:GXO)
With notable customers such as Nike and Apple, GXO (NYSE:GXO) manages outsourced supply chains and warehousing for various companies.
GXO Logistics reported revenues of $3.25 billion, up 25.5% year on year, exceeding analysts’ expectations by 1.5%. Still, it was a slower quarter as it posted full-year EBITDA guidance missing analysts’ expectations.
As expected, the stock is down 3.7% since the results and currently trades at $41.18.
Read our full analysis of GXO Logistics’s results here.
Hub Group (NASDAQ:HUBG)
Started with $10,000, Hub Group (NASDAQ:HUBG) is a provider of intermodal, truck brokerage, and logistics services, facilitating transportation solutions for businesses worldwide.
Hub Group reported revenues of $973.5 million, down 1.2% year on year. This print missed analysts’ expectations by 3.2%. Overall, it was a slower quarter as it also logged full-year EPS guidance missing analysts’ expectations.
Hub Group achieved the highest full-year guidance raise but had the slowest revenue growth among its peers. The stock is flat since reporting and currently trades at $43.
Read our full, actionable report on Hub Group here, it’s free.
C.H. Robinson Worldwide (NASDAQ:CHRW)
Engaging in contracts with tens of thousands of transportation companies, C.H. Robinson (NASDAQ:CHRW) offers freight transportation and logistics services.
C.H. Robinson Worldwide reported revenues of $4.18 billion, flat year on year. This result lagged analysts' expectations by 5.7%. It was a slower quarter as it also produced a slight miss of analysts’ EBITDA estimates.
C.H. Robinson Worldwide had the weakest performance against analyst estimates among its peers. The stock is down 8% since reporting and currently trades at $99.36.
Read our full, actionable report on C.H. Robinson Worldwide here, it’s free.
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