Brokerages forecast that XPO Logistics, Inc. (NYSE:XPO) will report $0.43 earnings per share (EPS) for the current quarter, according to Zacks. Nine analysts have made estimates for XPO Logistics’ earnings, with the lowest EPS estimate coming in at $0.38 and the highest estimate coming in at $0.50. XPO Logistics posted earnings per share of $0.24 during the same quarter last year, which would suggest a positive year-over-year growth rate of 79.2%. The company is scheduled to report its next quarterly earnings report on Tuesday, February 20th.
According to Zacks, analysts expect that XPO Logistics will report full year earnings of $1.92 per share for the current fiscal year, with EPS estimates ranging from $1.88 to $2.00. For the next year, analysts expect that the business will report earnings of $2.85 per share, with EPS estimates ranging from $2.50 to $3.32. Zacks Investment Research’s earnings per share averages are an average based on a survey of research firms that follow XPO Logistics.
XPO Logistics (NYSE:XPO) last released its quarterly earnings results on Wednesday, November 1st. The transportation company reported $0.59 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.57 by $0.02. XPO Logistics had a return on equity of 7.01% and a net margin of 1.11%. The business had revenue of $3.89 billion during the quarter, compared to analysts’ expectations of $3.79 billion. During the same quarter in the prior year, the business earned $0.41 earnings per share. The company’s quarterly revenue was up 4.7% compared to the same quarter last year.
Hedge funds have recently made changes to their positions in the company. 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.
Shares of XPO Logistics (NYSE:XPO) opened at $77.99 on Friday. XPO Logistics has a 52 week low of $42.07 and a 52 week 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 company has a market capitalization of $9,474.38, a P/E ratio of 45.68, a PEG ratio of 1.14 and a beta of 2.51.
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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