XPO Logistics, Inc. (XPO) Scheduled to Post Earnings on Tuesday
XPO Logistics, Inc. (NYSE:XPO) will be releasing its earnings data after the market closes on Tuesday, October 31st.
XPO Logistics (NYSE:XPO) last released its quarterly earnings data on Wednesday, August 2nd. The transportation company reported $0.60 EPS for the quarter, hitting analysts’ consensus estimates of $0.60. XPO Logistics had a return on equity of 6.49% and a net margin of 0.80%. The firm had revenue of $3.76 billion for the quarter, compared to the consensus estimate of $3.76 billion. During the same quarter in the prior year, the company posted $0.42 earnings per share. The firm’s revenue was up 2.1% on a year-over-year basis. On average, analysts expect XPO Logistics to post $1.91 EPS for the current fiscal year and $2.82 EPS for the next fiscal year.
XPO Logistics, Inc. (NYSE XPO) opened at 67.69 on Tuesday. The company has a 50-day moving average price of $64.58 and a 200-day moving average price of $58.74. The firm has a market cap of $7.98 billion, a P/E ratio of 77.54 and a beta of 2.37. XPO Logistics, Inc. has a 12-month low of $31.68 and a 12-month high of $68.96.
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Several research firms have commented on XPO. Zacks Investment Research upgraded XPO Logistics from a “hold” rating to a “buy” rating and set a $72.00 target price on the stock in a research note on Friday, July 7th. Stifel Nicolaus reiterated a “buy” rating and set a $78.00 price objective (up previously from $65.00) on shares of XPO Logistics in a research note on Tuesday, July 11th. BidaskClub cut XPO Logistics from a “strong-buy” rating to a “buy” rating in a research note on Monday, July 24th. KeyCorp upped their price objective on XPO Logistics from $60.00 to $70.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 28th. Finally, Credit Suisse Group upped their price objective on XPO Logistics from $68.00 to $76.00 and gave the stock an “outperform” rating in a research note on Friday, September 29th. Three equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $70.13.
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.
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