=Expeditors Intl (EXPD) reported earnings on Tue 2 Aug 2016 (b/o)

Expeditors Intl beats by $0.05, misses on revs :

• Reports Q2 (Jun) earnings of $0.63 per share, $0.05 better than the Capital IQ Consensus of $0.58; revenues fell 12.8% year/year to $1.48 bln vs the $1.53 bln Capital IQ Consensus. 
• Net Revenues increased slightly to $553 million while yields increased 490 basis points to 37.5%.
• Airfreight tonnage volume increased 2% and ocean container volume decreased 1%