Profile
Sector:
IndustrialsIndustry:
TruckingCountry:
United StatesIPO:
07 October 2003Website:
http://www.xpo.comNext earnings report:
02 August 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Wed, 03 Jul 2024 20:36:31 GMTDividend
Analysts recommendations
Institutional Ownership
XPO Latest News
GREENWICH, Conn., June 06, 2024 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO), a leading provider of freight transportation in North America, today reported certain preliminary LTL segment operating metrics for May 2024. LTL tonnage per day increased 2.4%, as compared with May 2023, attributable to a year-over-year increase of 3.8% in shipments per day and a decrease of 1.4% in weight per shipment. Actual results for May 2024 may vary from the preliminary results reported above.
The Investment Committee debate Stifel's upgrade of XPO and the transportation sector.
XPO, Inc. (NYSE:XPO) Q1 2024 Earnings Conference Call is scheduled for May 3, 2024 at 8:30 AM ET. Company executives present include CEO Mario Harik, CFO Kyle Wismans, and CSO Ali Faghri. Various analysts and representatives from financial institutions are also participating in the call. Mario Harik begins by greeting everyone and starting the conference.
XPO exceeded earnings expectations and saw a year-over-year increase in revenue. Truckers have voiced concerns about a weak demand environment and declining sales, suggesting that XPO may be gaining market share.
The key metrics for XPO in the first quarter of 2024 provide valuable information on the company's performance, but it could be beneficial to compare them to Wall Street forecasts and the results from the same period last year.
The trucking company announced earnings per share of 81 cents in the first quarter on sales of $2 billion, surpassing Wall Street's expectations of 67 cents per share on the same sales figure.
XPO is experiencing positive earnings estimate revisions and has a favorable Zacks Earnings ESP as they approach earnings season.
Instead of just focusing on Wall Street's projected revenue and profit for XPO, take a closer look at some important metrics to better understand how the company may perform in the first quarter of 2024.
Mario Harik, CEO of XPO, appears on CNBC's 'The Exchange' to discuss his thoughts on Wednesday's CPI report, XPO's operational changes, and other topics.
GREENWICH, Conn., April 03, 2024 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO) will hold its first quarter conference call and webcast on Friday, May 3, at 8:30 a.m. Eastern Time. The company's results will be released earlier that morning and made available on www.xpo.com .
What type of business is XPO Logistics?
XPO Logistics Inc - a global transportation and logistics company. The Transportation segment includes: Freight Brokerage; Intermodal and Drayage; Last Mile; Less-than-Truckload; Global Forwarding. The Logistics segment includes: e-commerce storage and distribution; omnichannel order fulfillment; reverse logistics; predictive analytics and supply chain optimization; and cold chain. Its contract logistics customers operate in retail, e-commerce, technology, aerospace, telecommunications, food and beverage production, healthcare, agriculture, and infrastructure. XPO Logistics, Inc. was founded in 2000 and is based in Greenwich, Connecticut.
What sector is XPO Logistics in?
XPO Logistics is in the Industrials sector
What industry is XPO Logistics in?
XPO Logistics is in the Trucking industry
What country is XPO Logistics from?
XPO Logistics is headquartered in United States
When did XPO Logistics go public?
XPO Logistics initial public offering (IPO) was on 07 October 2003
What is XPO Logistics website?
https://www.xpo.com
Is XPO Logistics in the S&P 500?
No, XPO Logistics is not included in the S&P 500 index
Is XPO Logistics in the NASDAQ 100?
No, XPO Logistics is not included in the NASDAQ 100 index
Is XPO Logistics in the Dow Jones?
No, XPO Logistics is not included in the Dow Jones index
When does XPO Logistics report earnings?
The next expected earnings date for XPO Logistics is 02 August 2024