XPO Logistics, Inc. (NYSE:XPO) is scheduled to release its earnings data after the market closes on Wednesday, August 2nd. Analysts expect XPO Logistics to post earnings of $0.61 per share for the quarter.

XPO Logistics (NYSE:XPO) last released its quarterly earnings results on Wednesday, May 3rd. The transportation company reported $0.30 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.16 by $0.14. XPO Logistics had a net margin of 0.76% and a return on equity of 5.63%. The business had revenue of $3.54 billion for the quarter, compared to the consensus estimate of $3.55 billion. On average, analysts expect XPO Logistics to post $1.94 EPS for the current fiscal year and $2.88 EPS for the next fiscal year.

XPO Logistics, Inc. (NYSE XPO) opened at 61.58 on Wednesday. XPO Logistics, Inc. has a 1-year low of $27.93 and a 1-year high of $65.44. The company has a 50 day moving average of $61.79 and a 200 day moving average of $52.12. The firm has a market capitalization of $6.88 billion, a P/E ratio of 72.62 and a beta of 2.31.

A number of research analysts have weighed in on XPO shares. Stifel Nicolaus lifted their target price on XPO Logistics from $60.00 to $65.00 and gave the company a “buy” rating in a report on Monday, May 15th. Vertical Research started coverage on XPO Logistics in a report on Thursday, April 13th. They set a “buy” rating and a $60.00 target price for the company. Deutsche Bank AG reaffirmed a “buy” rating and set a $75.00 target price on shares of XPO Logistics in a report on Monday, June 5th. Bank of America Corporation started coverage on XPO Logistics in a report on Wednesday, June 28th. They set a “buy” rating and a $72.00 target price for the company. Finally, Zacks Investment Research raised XPO Logistics from a “hold” rating to a “buy” rating and set a $72.00 target price for the company in a report on Friday, July 7th. Two equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $65.69.

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About XPO Logistics

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.

Earnings History for XPO Logistics (NYSE:XPO)

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