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XPO (XPO) Surges 15.4%: Is This an Indication of Further Gains?
ZACKSยท2025-04-10 15:11

Company Overview - XPO shares increased by 15.4% to close at $105.56, following a significant volume of trading, contrasting with a 14.7% loss over the previous four weeks [1] - The stock's rise was influenced by President Trump's announcement of a 90-day pause on tariffs affecting the market [1] Earnings Expectations - XPO is projected to report quarterly earnings of $0.66 per share, reflecting an 18.5% decrease year-over-year, with revenues expected at $1.98 billion, down 1.9% from the same quarter last year [2] - The consensus EPS estimate for XPO has been revised 2.8% lower in the last 30 days, indicating a negative trend in earnings estimate revisions, which typically does not lead to price appreciation [3] Industry Context - XPO operates within the Zacks Transportation - Truck industry, where JB Hunt also resides, having closed 9.4% higher at $141.65, but with a -16% return over the past month [3] - JB Hunt's consensus EPS estimate has decreased by 3.7% to $1.16, representing a 4.9% decline from the previous year, and it currently holds a Zacks Rank of 4 (Sell) [4]