GXO Logistics(GXO)
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New Survey Reveals Half of Brits to rely on Black Friday for Festive Gift Purchases
GlobeNewswire News Room· 2024-11-21 09:00
Brits plan to spend £352 on Christmas presents this year 25-34 year olds are most likely to get their gifts on Black Friday 1 in 8 shoppers plan to buy the majority of Christmas shopping in Black Friday sales LONDON, U.K., Nov. 21, 2024 (GLOBE NEWSWIRE) -- A new survey of UK consumers commissioned by GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, has revealed that 54% of Brits who plan to shop for Christmas presents this year will use special deal days like Black ...
GXO Logistics: On Track To Achieve FY 2027 EBITDA Target
Seeking Alpha· 2024-11-07 02:49
Following my coverage on GXO (NYSE: GXO ) in Aug'24, for which I recommended a buy rating due to my expectation that growth will continue to improve given the robust organic business wins and positive macro indicators, thisI take a fundamentals-based approach to value investing.I disagree with the common misconception held by many investors that low multiple stocks must be cheap. I look for companies that offer the best long-term durability at the most affordable prices. Consequently, I have a propensity to ...
GXO Logistics(GXO) - 2024 Q3 - Quarterly Report
2024-11-05 21:38
Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, par value $0.01 per share GXO New York Stock Exchange UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________________________ FORM 10-Q _______________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the q ...
GXO Logistics(GXO) - 2024 Q3 - Earnings Call Transcript
2024-11-05 16:47
GXO Logistics, Inc. (NYSE:GXO) Q3 2024 Earnings Conference Call November 5, 2024 8:30 AM ET Company Participants Malcolm Wilson - Chief Executive Officer Baris Oran - Chief Financial Officer Kristine Kubacki - Chief Strategy Officer Conference Call Participants Joe Hafling - Jefferies Scott Schneeberger - Oppenheimer Chris Wetherbee - Wells Fargo Ravi Shanker - Morgan Stanley Brian Ossenbeck - JPMorgan Brandon Oglenski - Barclays Bascome Majors - Susquehanna Jason Seidl - TD Cowen Ariel Rosa - Citigroup Tom ...
GXO Logistics(GXO) - 2024 Q3 - Earnings Call Presentation
2024-11-05 13:05
November 4, 2024 3Q 2024 results © GXO Logistics, Inc. Disclaimer Non-GAAP Financial Measures: As required by the rules of the Securities and Exchange Commission ("SEC"), we provide reconciliations of the non-GAAP financial measures contained in this presentation to the most directly comparable measure under GAAP, which are set forth in the financial tables included in the attached appendix. GXO's non-GAAP financial measures in this presentation include: adjusted earnings before interest, taxes, depreciatio ...
GXO Logistics (GXO) Tops Q3 Earnings and Revenue Estimates
ZACKS· 2024-11-04 23:56
GXO Logistics (GXO) came out with quarterly earnings of $0.79 per share, beating the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.69 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.28%. A quarter ago, it was expected that this contract logistics provider would post earnings of $0.57 per share when it actually produced earnings of $0.55, delivering a surprise of -3.51%.Over the last four quarte ...
GXO Reports Third Quarter 2024 Results
GlobeNewswire News Room· 2024-11-04 21:30
Third quarter revenue increased 28% year over year to a record $3.2 billion, with organic revenue growth of 3%Signed approximately $750 million in annualized revenue year to date; on track to win a record level of new business in 2024Sales pipeline increased 30% year over year to $2.4 billion and stands at a two-year highReaffirmed full-year 2024 guidance GREENWICH, Conn., Nov. 04, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO) today announced results for the third quarter 2024. Malcolm Wilson, ch ...
GXO Logistics(GXO) - 2024 Q3 - Quarterly Results
2024-11-04 21:24
Exhibit 99.1 GXO Reports Third Quarter 2024 Results • Third quarter revenue increased 28% year over year to a record $3.2 billion, with organic revenue growth of 3% • Signed approximately $750 million in annualized revenue year to date; on track to win a record level of new business in 2024 • Sales pipeline increased 30% year over year to $2.4 billion and stands at a two-year high • Reaffirmed full-year 2024 guidance GREENWICH, Conn. — November 4, 2024 — GXO Logistics, Inc. (NYSE: GXO) today announced resul ...
GXO's State-of-the-art Dormagen Site at Full Capacity
GlobeNewswire News Room· 2024-10-30 11:00
Industry leader continues its multi-year plan to significantly expand its operations in Germany, Europe's largest logistics market Customers include prominent industry leaders in aerospace, food & beverage and consumer goods DORMAGEN, Germany, Oct. 30, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, today announced its state-of-the-art 36,000 square meter multi-tenant warehouse in Dormagen near Düsseldorf is completely at full capacity an ...
GXO Logistics (GXO) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2024-10-28 15:06
Wall Street expects a year-over-year increase in earnings on higher revenues when GXO Logistics (GXO) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on November 4, 2024, might help the stock move higher if these key numbers are better th ...