Equities research analysts forecast that XPO Logistics Inc (NYSE:XPO) will post $0.54 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Eight analysts have made estimates for XPO Logistics’ earnings, with the highest EPS estimate coming in at $0.69 and the lowest estimate coming in at $0.42. XPO Logistics posted earnings per share of $0.30 in the same quarter last year, which would suggest a positive year over year growth rate of 80%. The company is expected to announce its next quarterly earnings report on Wednesday, May 2nd.
According to Zacks, analysts expect that XPO Logistics will report full-year earnings of $3.42 per share for the current year, with EPS estimates ranging from $3.15 to $4.05. For the next year, analysts anticipate that the firm will report earnings of $4.19 per share, with EPS estimates ranging from $3.70 to $5.38. Zacks’ EPS calculations are a mean average based on a survey of sell-side analysts that that provide coverage for XPO Logistics.
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 Thomson Reuters’ consensus estimate of $0.43 by $0.02. The firm had revenue of $4.19 billion for the quarter, compared to the consensus estimate of $3.90 billion. XPO Logistics had a return on equity of 7.29% and a net margin of 2.11%. The business’s revenue for the quarter was up 14.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.24 EPS.
A number of institutional investors have recently made changes to their positions in XPO. Nationwide Fund Advisors boosted its position in shares of XPO Logistics by 12.5% in the third quarter. Nationwide Fund Advisors now owns 82,431 shares of the transportation company’s stock valued at $5,587,000 after acquiring an additional 9,150 shares during the period. State of Wisconsin Investment Board boosted its position in shares of XPO Logistics by 7.8% in the third quarter. State of Wisconsin Investment Board now owns 23,737 shares of the transportation company’s stock valued at $1,609,000 after acquiring an additional 1,717 shares during the period. Swiss National Bank boosted its position in shares of XPO Logistics by 1.0% in the third quarter. Swiss National Bank now owns 186,814 shares of the transportation company’s stock valued at $12,662,000 after acquiring an additional 1,800 shares during the period. Jennison Associates LLC bought a new stake in shares of XPO Logistics in the third quarter valued at approximately $20,334,000. Finally, BNP Paribas Arbitrage SA boosted its position in shares of XPO Logistics by 438.9% in the third quarter. BNP Paribas Arbitrage SA now owns 18,278 shares of the transportation company’s stock valued at $1,239,000 after acquiring an additional 14,886 shares during the period.
Shares of XPO Logistics (NYSE XPO) opened at $102.96 on Wednesday. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.20 and a current ratio of 1.20. The stock has a market capitalization of $12,340.00, a PE ratio of 93.60, a price-to-earnings-growth ratio of 1.04 and a beta of 2.41. XPO Logistics has a twelve month low of $44.51 and a twelve month high of $106.20.
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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