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Actionable news in EXPD: Expeditors International of Washington, Inc.,

Expeditors Int’l (EXPD) Stock Slumps, Q1 Results Fall Short of Expectations

NEW YORK (TheStreet) -- Shares of Expeditors Int'l of Washington (EXPD - Get Report) are sliding by 5.83% to $47.33 on heavy trading volume on Tuesday afternoon, after the company posted weaker-than-expected results for the 2016 first quarter.

Before today's market open, the Seattle-based logistics company reported earnings of 53 cents per diluted share, missing analysts' estimates by a penny.

Revenue dipped by 15% to $1.42 billion year-over-year and did not meet analysts' expectations of $1.53 billion.

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