XPO Logistics Inc (NYSE:XPO) – Equities researchers at Seaport Global Securities increased their Q2 2018 EPS estimates for XPO Logistics in a note issued to investors on Monday. Seaport Global Securities analyst K. Sterling now expects that the transportation company will post earnings of $0.97 per share for the quarter, up from their prior forecast of $0.81. Seaport Global Securities also issued estimates for XPO Logistics’ Q1 2019 earnings at $0.72 EPS, Q2 2019 earnings at $1.14 EPS and Q4 2019 earnings at $0.95 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, beating the Thomson Reuters’ consensus estimate of $0.43 by $0.02. The company had revenue of $4.19 billion during the quarter, compared to analyst estimates of $3.90 billion. XPO Logistics had a return on equity of 7.66% and a net margin of 2.11%. The firm’s quarterly revenue was up 14.1% on a year-over-year basis. During the same quarter last year, the company earned $0.24 earnings per share.
Shares of XPO Logistics (NYSE:XPO) opened at $92.27 on Wednesday. The stock has a market capitalization of $10,817.97, a price-to-earnings ratio of 46.49, a P/E/G ratio of 0.96 and a beta of 2.55. XPO Logistics has a 52 week low of $44.51 and a 52 week high of $98.37. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.23 and a current ratio of 1.23.
Hedge funds have recently modified their holdings of the business. Advisors Capital Management LLC increased its holdings in shares of XPO Logistics by 1.4% in the fourth quarter. Advisors Capital Management LLC now owns 43,090 shares of the transportation company’s stock worth $3,947,000 after buying an additional 587 shares during the period. State of Wisconsin Investment Board increased its holdings in shares of XPO Logistics by 2.5% in the fourth quarter. State of Wisconsin Investment Board now owns 24,335 shares of the transportation company’s stock worth $2,229,000 after buying an additional 598 shares during the period. Sit Investment Associates Inc. increased its holdings in shares of XPO Logistics by 2.7% in the fourth quarter. Sit Investment Associates Inc. now owns 25,505 shares of the transportation company’s stock worth $2,336,000 after buying an additional 676 shares during the period. Public Employees Retirement Association of Colorado increased its holdings in shares of XPO Logistics by 3.5% in the fourth quarter. Public Employees Retirement Association of Colorado now owns 24,359 shares of the transportation company’s stock worth $2,231,000 after buying an additional 818 shares during the period. Finally, Oppenheimer & Co. Inc. increased its holdings in shares of XPO Logistics by 1.6% in the fourth quarter. Oppenheimer & Co. Inc. now owns 53,108 shares of the transportation company’s stock worth $4,865,000 after buying an additional 858 shares during the period.
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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.
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