Expeditors International of Washington (Nasdaq: EXPD) reported earnings on Nov. 6. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Sep. 30 (Q3), Expeditors International of Washington missed estimates on revenues and missed estimates on earnings per share.

Compared to the prior-year quarter, revenue dropped and GAAP earnings per share contracted significantly.

Margins dropped across the board.

Revenue details
Expeditors International of Washington logged revenue of $1.53 billion. The 14 analysts polled by S&P Capital IQ expected to see revenue of $1.59 billion on the same basis. GAAP reported sales were 4.7% lower than the prior-year quarter's $1.61 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.42. The 17 earnings estimates compiled by S&P Capital IQ anticipated $0.44 per share. GAAP EPS of $0.42 for Q3 were 16% lower than the prior-year quarter's $0.50 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 12.5%, 80 basis points worse than the prior-year quarter. Operating margin was 9.5%, 70 basis points worse than the prior-year quarter. Net margin was 5.8%, 80 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $1.56 billion. On the bottom line, the average EPS estimate is $0.44.

Next year's average estimate for revenue is $5.96 billion. The average EPS estimate is $1.63.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 517 members out of 540 rating the stock outperform, and 23 members rating it underperform. Among 169 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 165 give Expeditors International of Washington a green thumbs-up, and four give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Expeditors International of Washington is hold, with an average price target of $41.08.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.