Equities analysts expect that XPO Logistics Inc (NYSE:XPO) will announce earnings per share (EPS) of $1.01 for the current quarter, Zacks reports. Seven 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 $1.08. XPO Logistics reported earnings per share of $0.59 in the same quarter last year, which would suggest a positive year-over-year growth rate of 71.2%. The business is expected to issue its next earnings report on Wednesday, November 7th.

On average, analysts expect that XPO Logistics will report full year earnings of $3.48 per share for the current fiscal year, with EPS estimates ranging from $3.30 to $3.65. For the next year, analysts forecast that the company will post earnings of $4.38 per share, with EPS estimates ranging from $3.97 to $5.00. Zacks’ EPS averages are an average based on a survey of analysts that cover 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, topping the Zacks’ consensus estimate of $0.97 by $0.01. XPO Logistics had a net margin of 2.84% and a return on equity of 9.12%. The firm had revenue of $4.36 billion for the quarter, compared to analysts’ expectations of $4.29 billion. During the same quarter last year, the company posted $0.60 earnings per share. XPO Logistics’s revenue was up 16.0% on a year-over-year basis.

A number of equities analysts have issued reports on the stock. Stifel Nicolaus assumed coverage on shares of XPO Logistics in a report on Tuesday, June 19th. They issued a “hold” rating and a $118.00 target price on the stock. Bank of America cut shares of XPO Logistics from a “buy” rating to a “neutral” rating in a report on Thursday, June 14th. Cowen raised their target price on shares of XPO Logistics from $112.00 to $120.00 and gave the stock an “outperform” rating in a report on Thursday, May 24th. R. F. Lafferty assumed coverage on shares of XPO Logistics in a report on Tuesday, July 10th. They issued a “buy” rating and a $125.00 target price on the stock. Finally, Credit Suisse Group raised their target price on shares of XPO Logistics from $120.00 to $125.00 and gave the stock an “outperform” rating in a report on Friday, May 4th. Four analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the stock. XPO Logistics has an average rating of “Buy” and an average target price of $109.67.

Large investors have recently made changes to their positions in the business. Creative Planning increased its stake in shares of XPO Logistics by 11.0% during the second quarter. Creative Planning now owns 10,612 shares of the transportation company’s stock valued at $1,063,000 after acquiring an additional 1,052 shares during the period. Cetera Advisors LLC acquired a new position in shares of XPO Logistics during the first quarter valued at approximately $300,000. Kendall Capital Management increased its stake in shares of XPO Logistics by 58.5% during the second quarter. Kendall Capital Management now owns 5,595 shares of the transportation company’s stock valued at $561,000 after acquiring an additional 2,065 shares during the period. D.A. Davidson & CO. increased its stake in shares of XPO Logistics by 11.1% during the second quarter. D.A. Davidson & CO. now owns 10,699 shares of the transportation company’s stock valued at $1,072,000 after acquiring an additional 1,069 shares during the period. Finally, Fishman Jay A Ltd. MI increased its stake in shares of XPO Logistics by 0.7% during the first quarter. Fishman Jay A Ltd. MI now owns 230,641 shares of the transportation company’s stock valued at $23,482,000 after acquiring an additional 1,525 shares during the period. Institutional investors own 96.46% of the company’s stock.

Shares of NYSE XPO opened at $101.71 on Thursday. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 1.07. XPO Logistics has a 52-week low of $54.71 and a 52-week high of $115.49. The stock has a market capitalization of $13.27 billion, a price-to-earnings ratio of 52.16, a price-to-earnings-growth ratio of 0.93 and a beta of 2.28.

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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