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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 ...
GXO Unlocks Growth for Luxury Retailer Beauty Pie
GlobeNewswire News Room· 2024-10-23 07:00
GXO has distributed almost 4 million makeup and skincare products to Beauty Pie customers across the UK LONDON, U.K. , Oct. 23, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, celebrated its first year providing order fulfillment services for Beauty Pie, a luxury cosmetics retailer, following its acquisition of PFSweb (PFS). In Q3 2023, Beauty Pie partnered with GXO to provide order fulfillment, carrier and business management, and value- ...
GXO Adds Beauty Segment to Extended Partnership with Henkel
GlobeNewswire News Room· 2024-10-17 11:00
PARIS, France, Oct. 17, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc.(NYSE: GXO), the world's largest pure-play contract logistics provider, announced that it has extended and expanded its partnership in France with Henkel, a multinational chemical and consumer packaged goods company. GXO manages storage, distribution, seasonal returns and value added-services for an array of Henkel brands across its laundry and homecare segments and will now expand its services to include Henkel's iconic beauty brands. "We ...
GXO announces new transport partnership with Matalan
GlobeNewswire News Room· 2024-10-16 07:00
GXO to become Matalan's strategic transport partner, responsible for over 550 weekly deliveries to over 200 Matalan stores across the UK&I New partnership will help to optimise Matalan's transport network, supporting its supply chain efficiency and commitment to deliver for customers LONDON, U.K., Oct. 16, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure play contract logistics provider and one of the U.K. and Ireland's leading logistics and transportation partners, today a ...
With Shares Surging on Talk of a Buyout, Is GXO Logistics a Buy?
The Motley Fool· 2024-10-13 11:15
A news report suggests GXO Logistics is seeing buyout interest from multiple parties. GXO Logistics (GXO 6.73%) was spun off from XPO (XPO 3.79%) in 2021 with a lot of promise and bright prospects. The company was created as the world's largest independent, pure-play contract logistics company with close to 1,000 warehouses in North America and Europe. Separating from XPO, the argument went, would allow the company to focus on acquisitions that best serve its own goals and use debt and equity compensation t ...