Wall Street analysts expect XPO Logistics, Inc. (NYSE:XPO) to announce $3.90 billion in sales for the current quarter, according to Zacks Investment Research. Nine analysts have provided estimates for XPO Logistics’ earnings, with estimates ranging from $3.81 billion to $3.97 billion. XPO Logistics reported sales of $3.68 billion during the same quarter last year, which indicates a positive year over year growth rate of 6%. The firm is scheduled to announce its next quarterly earnings results on Tuesday, February 20th.

On average, analysts expect that XPO Logistics will report full-year sales of $3.90 billion for the current fiscal year, with estimates ranging from $14.94 billion to $15.16 billion. For the next financial year, analysts forecast that the business will report sales of $16.04 billion per share, with estimates ranging from $15.62 billion to $16.63 billion. Zacks Investment Research’s sales calculations are an average based on a survey of research firms that that provide coverage for XPO Logistics.

XPO Logistics (NYSE:XPO) last announced its quarterly earnings results on Wednesday, November 1st. The transportation company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.02. The firm had revenue of $3.89 billion during the quarter, compared to the consensus estimate of $3.79 billion. XPO Logistics had a return on equity of 7.01% and a net margin of 1.11%. The firm’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.41 EPS.

XPO has been the subject of a number of analyst reports. William Blair reissued an “outperform” rating on shares of XPO Logistics in a research report on Monday, August 7th. Stifel Nicolaus set a $77.00 price objective on shares of XPO Logistics and gave the company a “buy” rating in a research report on Wednesday, August 23rd. Cowen reissued a “buy” rating and issued a $69.00 price objective on shares of XPO Logistics in a research report on Thursday, September 7th. Credit Suisse Group upped their price objective on shares of XPO Logistics from $68.00 to $76.00 and gave the company an “outperform” rating in a research report on Friday, September 29th. Finally, Barclays upped their price objective on shares of XPO Logistics from $65.00 to $75.00 and gave the company an “overweight” rating in a research report on Monday, October 2nd. Three research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. XPO Logistics presently has a consensus rating of “Buy” and an average price target of $77.59.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Fuller & Thaler Asset Management Inc. acquired a new stake in XPO Logistics during the third quarter worth about $102,000. Advisors Asset Management Inc. increased its stake 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 purchasing an additional 466 shares during the period. Argent Trust Co acquired a new stake in shares of XPO Logistics in the second quarter valued at approximately $205,000. Boston Advisors LLC acquired a new stake in shares of XPO Logistics in the second quarter valued at approximately $212,000. Finally, BNP Paribas Arbitrage SA increased its stake 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 purchasing an additional 1,129 shares during the period.

XPO Logistics (NYSE:XPO) traded down $1.04 during trading hours on Monday, reaching $77.99. 1,527,300 shares of the company’s stock were exchanged, compared to its average volume of 1,506,206. 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 stock has a market cap of $9,349.70, a PE ratio of 45.08, a P/E/G ratio of 1.12 and a beta of 2.52. XPO Logistics has a one year low of $42.07 and a one year high of $80.10.

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

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