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Compared to Estimates, XPO (XPO) Q3 Earnings: A Look at Key Metrics
ZACKS· 2024-10-30 14:35
For the quarter ended September 2024, XPO (XPO) reported revenue of $2.05 billion, up 3.7% over the same period last year. EPS came in at $1.02, compared to $0.88 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $2.01 billion, representing a surprise of +2.29%. The company delivered an EPS surprise of +14.61%, with the consensus EPS estimate being $0.89.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expecta ...
XPO (XPO) Tops Q3 Earnings and Revenue Estimates
ZACKS· 2024-10-30 12:56
XPO (XPO) came out with quarterly earnings of $1.02 per share, beating the Zacks Consensus Estimate of $0.89 per share. This compares to earnings of $0.88 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 14.61%. A quarter ago, it was expected that this freight management company would post earnings of $1.01 per share when it actually produced earnings of $1.12, delivering a surprise of 10.89%.Over the last four quarters, the co ...
XPO(XPO) - 2024 Q3 - Quarterly Results
2024-10-30 10:45
Exhibit 99.1 Third Quarter 2024 Summary Results | --- | --- | --- | --- | --- | --- | --- | --- | |----------------------------------------------------|-------------------------------------------------------|-----------------|-------|-------|----------|------------------|------------------| | (in millions, except for per-share data) | Diluted WeightedAverage Common Outstanding \n2024 | Shares \n2023 | | 2024 | Adjusted | Diluted \n2023 | EPS \nChange % | | Total | 120 | 119 | $ | 1.02 | $ | 0.88 | 15.9% | T ...
XPO Reports Third Quarter 2024 Results
GlobeNewswire News Room· 2024-10-30 10:45
GREENWICH, Conn., Oct. 30, 2024 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO) today announced its financial results for the third quarter 2024. The company reported diluted earnings from continuing operations per share of $0.79, compared with $0.72 for the same period in 2023, and adjusted diluted earnings from continuing operations per share of $1.02, compared with $0.88 for the same period in 2023. Third Quarter 2024 Summary Results | --- | --- | --- | --- | --- | --- | --- | |-------------------------------------- ...
XPO Named One of America's Most Reliable Companies for 2025 by Newsweek
GlobeNewswire News Room· 2024-10-24 16:00
GREENWICH, Conn., Oct. 24, 2024 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO), a leading provider of freight transportation in North America, has been named one of "America's Most Reliable Companies" for 2025 by Newsweek magazine. The inaugural list recognizes U.S.-based companies that stand out for consistent service and dependability. XPO is one of the highest-ranked transportation companies cited by Newsweek. Mario Harik, chief executive officer of XPO, said, "Our team is committed to providing world-class service ...
XPO (XPO) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2024-10-23 15:08
Wall Street expects a year-over-year increase in earnings on higher revenues when XPO (XPO) 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 October 30, 2024, might help the stock move higher if these key numbers are better than expectat ...
XPO Schedules Third Quarter 2024 Earnings Conference Call for Wednesday, October 30, 2024
GlobeNewswire News Room· 2024-10-02 20:10
GREENWICH, Conn., Oct. 02, 2024 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO) will hold its third quarter conference call and webcast on Wednesday, October 30, at 8:30 a.m. Eastern Time. The company's results will be released earlier that morning and made available on www.xpo.com. Access information: Call toll-free from US/Canada: 1-877-269-7756 International callers: +1-201-689-7817 Live webcast online at: www.xpo.com/investors A replay of the conference call will be available until November 29, 2024, by calling tol ...
XPO Named a 2025 FreightTech 100 Company by FreightWaves
GlobeNewswire News Room· 2024-09-24 16:30
GREENWICH, Conn., Sept. 24, 2024 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO), a leading provider of freight transportation in North America, has been named to the 2025 FreightTech 100 list by FreightWaves, a global provider of supply chain market intelligence. This is XPO's seventh consecutive appearance on the FreightTech 100, which recognizes the most innovative companies in the freight transportation industry. XPO is the only LTL transportation provider on the list this year. Jay Silberkleit, chief information o ...
XPO: Capitalizing On Opportunities Amidst Market Challenges
Seeking Alpha· 2024-09-23 15:09
I last covered XPO, Inc. (NYSE: XPO ) in January 2024. At the time, my investment thesis was built around the fact that with the bankruptcy of Yellow Corp, an overleveraged trucking peer that was facing challenges, XPO would I'm an insurance Case Manager with a deep interest in investing. My investment philosophy is all about buying high quality stocks and great businesses. My favorite businesses are those led by disciplined capital allocators, earn exceptional returns on capital, and can compound their inv ...
Three XPO Drivers Earn Top Awards at the 2024 National Truck Driving Championships
GlobeNewswire News Room· 2024-08-25 03:45
GREENWICH, Conn., Aug. 24, 2024 (GLOBE NEWSWIRE) -- Three drivers from XPO (NYSE: XPO), a leading provider of LTL freight transportation in North America, took home top awards tonight at the 2024 National Truck Driving Championships (NTDC). The competition, known as the "Super Bowl of Safety," was held in Indianapolis from August 21 to 24. The XPO drivers honored at this year's national championships were: Brandon Hardy (Las Vegas, Nevada): First place in the five-axle class. Brandon has over one million ac ...