XPO Logistics, Inc. (XPO) Expected to Announce Earnings of $0.43 Per Share
Brokerages expect XPO Logistics, Inc. (NYSE:XPO) to report earnings per share of $0.43 for the current fiscal quarter, according to Zacks. Nine analysts have provided estimates for XPO Logistics’ earnings, with the highest EPS estimate coming in at $0.50 and the lowest estimate coming in at $0.38. XPO Logistics posted earnings of $0.24 per share in the same quarter last year, which indicates a positive year over year growth rate of 79.2%. The business is expected to issue its next quarterly earnings results on Tuesday, February 20th.
On average, analysts expect that XPO Logistics will report full-year earnings of $1.92 per share for the current year, with EPS estimates ranging from $1.88 to $2.00. For the next year, analysts expect that the firm will post earnings of $2.85 per share, with EPS estimates ranging from $2.50 to $3.32. Zacks’ earnings per share calculations are a mean average based on a survey of analysts that follow XPO Logistics.
XPO Logistics (NYSE:XPO) last released its earnings results on Wednesday, November 1st. The transportation company reported $0.59 EPS for the quarter, beating analysts’ consensus estimates of $0.57 by $0.02. XPO Logistics had a return on equity of 7.01% and a net margin of 1.11%. The company had revenue of $3.89 billion during the quarter, compared to the consensus estimate of $3.79 billion. During the same quarter last year, the company earned $0.41 earnings per share. XPO Logistics’s quarterly revenue was up 4.7% compared to the same quarter last year.
A number of equities research analysts have commented on the company. Stifel Nicolaus set a $77.00 target price on XPO Logistics and gave the company a “buy” rating in a report on Wednesday, August 23rd. William Blair reissued an “outperform” rating on shares of XPO Logistics in a report on Monday, August 7th. Credit Suisse Group raised their target price on XPO Logistics from $68.00 to $76.00 and gave the company an “outperform” rating in a report on Friday, September 29th. Barclays raised their target price on XPO Logistics from $65.00 to $75.00 and gave the company an “overweight” rating in a report on Monday, October 2nd. Finally, Oppenheimer raised their target price on XPO Logistics from $77.00 to $85.00 and gave the company an “outperform” rating in a report on Monday, November 20th. Three equities research analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $77.59.
Several hedge funds have recently made changes to their positions in XPO. Fuller & Thaler Asset Management Inc. purchased a new position in shares of XPO Logistics in the third quarter valued at $102,000. Advisors Asset Management Inc. increased its position in shares of XPO Logistics by 18.4% in the second quarter. Advisors Asset Management Inc. now owns 2,992 shares of the transportation company’s stock valued at $193,000 after buying an additional 466 shares in the last quarter. Argent Trust Co purchased a new position in shares of XPO Logistics in the second quarter valued at $205,000. Boston Advisors LLC purchased a new position in shares of XPO Logistics in the second quarter valued at $212,000. Finally, BNP Paribas Arbitrage SA increased its position in shares of XPO Logistics by 49.9% in the second quarter. BNP Paribas Arbitrage SA now owns 3,392 shares of the transportation company’s stock valued at $219,000 after buying an additional 1,129 shares in the last quarter.
XPO Logistics (NYSE:XPO) traded down $1.66 during trading on Friday, reaching $76.33. The company’s stock had a trading volume of 1,789,600 shares, compared to its average volume of 1,507,423. XPO Logistics has a 12 month low of $42.07 and a 12 month high of $80.10. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 1.24. The firm has a market capitalization of $9,349.70, a P/E ratio of 45.08, a P/E/G ratio of 1.12 and a beta of 2.52.
XPO Logistics Company Profile
XPO Logistics, Inc is a global provider of supply chain solutions. The Company operates in two segments: Transportation and Logistics. The Transportation segment provides freight brokerage, last mile, less-than-truckload (LTL), full truckload and global forwarding services. The Logistics segment provides a range of contract logistics services, including highly engineered and customized solutions, value-added warehousing and distribution, cold chain solutions and other inventory solutions.
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