Wall Street can’t agree on whether Expeditors’ boom is the new baseline

Look: two banks looked at the same record airfreight quarter and reached opposite conclusions about what happens next: one has Expeditors’ earnings power fading back toward $6 a share by 2028, the other has it climbing to $9.10. That gap, not the beat itself, is the real story. Expeditors (EXPD) posted second-quarter* adjusted earnings per share (EPS) of $2.03 earlier this week. (*Our first take w Read full article →