Equities research analysts expect that XPO Logistics Inc (NYSE:XPO) will announce earnings of $1.01 per share for the current fiscal quarter, according to Zacks Investment Research. Eight analysts have issued estimates for XPO Logistics’ earnings, with the lowest EPS estimate coming in at $0.89 and the highest estimate coming in at $1.09. XPO Logistics posted earnings per share of $0.59 during the same quarter last year, which indicates a positive year over year growth rate of 71.2%. The firm is expected to issue its next quarterly earnings report on Wednesday, November 7th.

According to Zacks, analysts expect that XPO Logistics will report full year earnings of $3.49 per share for the current fiscal year, with EPS estimates ranging from $3.30 to $3.65. For the next fiscal year, analysts expect that the business will post earnings of $4.36 per share, with EPS estimates ranging from $3.97 to $5.00. Zacks’ EPS averages are a mean average based on a survey of analysts that that provide coverage for XPO Logistics.

XPO Logistics (NYSE:XPO) last issued its earnings results on Wednesday, August 1st. The transportation company reported $0.98 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.97 by $0.01. The firm had revenue of $4.36 billion for the quarter, compared to analyst estimates of $4.29 billion. XPO Logistics had a return on equity of 9.12% and a net margin of 2.84%. The business’s revenue was up 16.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.60 earnings per share.

XPO has been the topic of several research reports. Bank of America lowered XPO Logistics from a “buy” rating to a “neutral” rating in a research note on Thursday, June 14th. Stifel Nicolaus initiated coverage on XPO Logistics in a research note on Tuesday, June 19th. They issued a “hold” rating and a $118.00 target price on the stock. ValuEngine lowered XPO Logistics from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 29th. R. F. Lafferty initiated coverage on XPO Logistics in a research note on Tuesday, July 10th. They issued a “buy” rating and a $125.00 target price on the stock. Finally, Deutsche Bank restated a “buy” rating and issued a $142.00 target price (up from $133.00) on shares of XPO Logistics in a research note on Thursday, August 2nd. Four investment analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $110.09.

Shares of XPO opened at $112.85 on Wednesday. The firm has a market capitalization of $14.42 billion, a price-to-earnings ratio of 57.87, a PEG ratio of 0.85 and a beta of 2.27. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.26 and a current ratio of 1.26. XPO Logistics has a 1 year low of $62.23 and a 1 year high of $115.49.

Several large investors have recently added to or reduced their stakes in the stock. SG Americas Securities LLC bought a new position in XPO Logistics in the 1st quarter worth about $561,000. Prudential Financial Inc. increased its stake in XPO Logistics by 179.2% in the 1st quarter. Prudential Financial Inc. now owns 16,787 shares of the transportation company’s stock worth $1,709,000 after acquiring an additional 10,775 shares during the last quarter. Robeco Institutional Asset Management B.V. bought a new position in XPO Logistics in the 1st quarter worth about $198,000. Schwab Charles Investment Management Inc. increased its stake in XPO Logistics by 8.5% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 380,226 shares of the transportation company’s stock worth $38,711,000 after acquiring an additional 29,786 shares during the last quarter. Finally, Aperio Group LLC increased its stake in XPO Logistics by 30.0% in the 1st quarter. Aperio Group LLC now owns 17,100 shares of the transportation company’s stock worth $1,741,000 after acquiring an additional 3,945 shares during the last quarter. Institutional investors own 92.89% of the company’s stock.

About XPO Logistics

XPO Logistics, Inc provides transportation and logistics services in the United States, North America, France, the United Kingdom, Spain, Europe, Asia, and internationally. The company's Transportation segment offers freight brokerage services comprising truck brokerage, intermodal, drayage, and expedite services; last mile services, primarily asset-light; density and day-definite regional, inter-regional, and transcontinental less-than-truckload freight services; full truckload services for transactional transportation of packaged goods, high cube products, and bulk goods; and logistics services for domestic, cross-border, and international shipments.

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Earnings History and Estimates for XPO Logistics (NYSE:XPO)

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