GXO Logistics (GXO) Earnings Expected to Grow: Should You Buy?

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for GXO Logistics, driven by higher revenues, with a focus on how actual results will compare to estimates [1][2] Earnings Expectations - GXO Logistics is expected to report earnings of $0.94 per share, reflecting a year-over-year increase of +34.3% [3] - Revenue projections stand at $3.21 billion, indicating a rise of 23.9% from the previous year [3] Estimate Revisions - The consensus EPS estimate has been revised down by 6.15% over the last 30 days, indicating a reassessment by analysts [4] - The Most Accurate Estimate for GXO Logistics is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +1.51% [10][11] Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive reading is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [8] - However, the current Zacks Rank for GXO Logistics is 4, complicating the prediction of an earnings beat despite the positive Earnings ESP [11] Historical Performance - In the last reported quarter, GXO Logistics had an earnings surprise of +1.28%, with actual earnings of $0.79 per share compared to an expected $0.78 [12] - Over the past four quarters, the company has beaten consensus EPS estimates two times [13] Conclusion - While GXO Logistics may not be a compelling earnings-beat candidate, investors should consider other factors when making investment decisions ahead of the earnings release [16]