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4-Traders Homepage  >  Equities  >  Nasdaq  >  Expeditors International of Washington    EXPD

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EXPDTR INT WSHTON : Expeditors Receives Administrative Proceeding from Brazilian Ministry of Justice

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08/20/2010 | 10:20pm CET

Expeditors International of Washington, Inc. (NASDAQ:EXPD), the international freight forwarding and logistics company, said that on August 17, 2010, the company and its Brazilian subsidiary, Expeditors Internacional do Brasil Ltda. (together, "Expeditors") received an Administrative Proceeding ("AP") from the Brazilian Ministry of Justice. The AP initiates a proceeding against Expeditors and one of its employees, alleging possible anti-competitive behavior contrary to Brazilian rules on competition. Expeditors intends to vigorously defend itself against the allegations. Should Expeditors be found to have committed an infringement against Brazilian anti-competition laws, it may result in material fines and penalties.

Expeditors International of Washington, Inc.
A.J. Tangeman, General Counsel, 206-674-3441


© Business Wire 2010
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Financials ($)
Sales 2017 6 463 M
EBIT 2017 697 M
Net income 2017 448 M
Finance 2017 896 M
Yield 2017 1,44%
P/E ratio 2017 22,85
P/E ratio 2018 21,10
EV / Sales 2017 1,44x
EV / Sales 2018 1,38x
Capitalization 10 222 M
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Mean consensus HOLD
Number of Analysts 13
Average target price 54,8 $
Spread / Average Target -3,4%
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