KeyCorp Comments on XPO Logistics Inc’s Q1 2018 Earnings (XPO)

XPO Logistics Inc (NYSE:XPO) – Research analysts at KeyCorp issued their Q1 2018 earnings per share estimates for XPO Logistics in a report issued on Thursday. KeyCorp analyst T. Fowler expects that the transportation company will earn $0.49 per share for the quarter. KeyCorp has a “Buy” rating and a $110.00 price target on the stock. KeyCorp also issued estimates for XPO Logistics’ Q2 2018 earnings at $1.01 EPS, Q3 2018 earnings at $0.98 EPS, Q4 2018 earnings at $0.82 EPS and FY2019 earnings at $4.00 EPS.

XPO Logistics (NYSE:XPO) last posted its quarterly earnings data on Wednesday, February 7th. The transportation company reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.02. XPO Logistics had a return on equity of 7.66% and a net margin of 2.11%. The company had revenue of $4.19 billion for the quarter, compared to the consensus estimate of $3.90 billion. During the same period in the previous year, the business earned $0.24 EPS. XPO Logistics’s revenue for the quarter was up 14.1% compared to the same quarter last year.

Several other brokerages have also commented on XPO. Zacks Investment Research lowered XPO Logistics from a “buy” rating to a “hold” rating in a research report on Saturday, January 13th. Bank of America set a $103.00 target price on XPO Logistics and gave the stock a “buy” rating in a research report on Wednesday, January 3rd. Oppenheimer reiterated a “buy” rating and issued a $104.00 target price on shares of XPO Logistics in a research report on Tuesday, January 9th. Citigroup reiterated an “outperform” rating and issued a $104.00 target price (up previously from $85.00) on shares of XPO Logistics in a research report on Tuesday, January 9th. Finally, Credit Suisse Group reiterated an “outperform” rating and issued a $106.00 target price (up previously from $79.00) on shares of XPO Logistics in a research report on Thursday, January 11th. Three equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the company. XPO Logistics presently has a consensus rating of “Buy” and a consensus price target of $93.57.

Shares of XPO Logistics (XPO) opened at $86.01 on Monday. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 1.24. XPO Logistics has a twelve month low of $44.51 and a twelve month high of $98.37. The stock has a market capitalization of $10,310.00, a P/E ratio of 35.69, a price-to-earnings-growth ratio of 0.74 and a beta of 2.55.

Large investors have recently added to or reduced their stakes in the stock. Fuller & Thaler Asset Management Inc. bought a new stake in XPO Logistics during the 3rd quarter valued at $102,000. Benjamin F. Edwards & Company Inc. bought a new stake in XPO Logistics during the 4th quarter valued at $172,000. Oak Point Wealth Management bought a new stake in XPO Logistics during the 4th quarter valued at $220,000. Pillar Pacific Capital Management LLC bought a new stake in XPO Logistics during the 4th quarter valued at $224,000. Finally, Commonwealth Equity Services Inc bought a new stake in XPO Logistics during the 3rd quarter valued at $230,000.

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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.

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

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