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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 2016 6 060 M
EBIT 2016 668 M
Net income 2016 429 M
Finance 2016 547 M
Yield 2016 1,37%
P/E ratio 2016 22,62
P/E ratio 2017 21,44
EV / Sales 2016 1,50x
EV / Sales 2017 1,42x
Capitalization 9 609 M
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Mean consensus HOLD
Number of Analysts 14
Average target price 50,9 $
Spread / Average Target -4,4%
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