XPO (NYSE:XPO) Posts Quarterly Earnings Results, Beats Estimates By $0.13 EPS

XPO (NYSE:XPO) released its quarterly earnings data on Friday. The transportation company reported $0.81 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.13, Briefing.com reports. The firm had revenue of $2.02 billion during the quarter, compared to analyst estimates of $2.01 billion. XPO had a return on equity of 30.77% and a net margin of 3.08%. The business’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.56 earnings per share.

XPO Price Performance

NYSE:XPO opened at $112.56 on Monday. The firm’s fifty day moving average is $120.80 and its two-hundred day moving average is $100.34. The firm has a market cap of $13.09 billion, a price-to-earnings ratio of 55.18, a PEG ratio of 2.69 and a beta of 2.17. XPO has a one year low of $45.24 and a one year high of $130.51. The company has a debt-to-equity ratio of 2.49, a quick ratio of 1.00 and a current ratio of 0.94.

Analyst Ratings Changes

A number of equities research analysts have issued reports on XPO shares. Citigroup increased their price objective on shares of XPO from $100.00 to $135.00 and gave the company a “buy” rating in a report on Thursday, February 8th. The Goldman Sachs Group boosted their price target on shares of XPO from $98.00 to $126.00 and gave the stock a “buy” rating in a research note on Thursday, February 8th. Barclays increased their price objective on shares of XPO from $100.00 to $125.00 and gave the company an “overweight” rating in a report on Thursday, February 8th. TD Cowen lifted their target price on XPO from $129.00 to $136.00 and gave the stock an “outperform” rating in a report on Thursday, March 7th. Finally, BMO Capital Markets increased their price target on XPO from $100.00 to $145.00 and gave the company an “outperform” rating in a research note on Thursday, February 8th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and fourteen have assigned a buy rating to the company’s stock. According to MarketBeat, XPO currently has a consensus rating of “Moderate Buy” and a consensus price target of $111.65.

About XPO

XPO, Inc provides freight transportation services in the United States, rest of North America, France, the United Kingdom, rest of Europe, and internationally. The company operates in two segments, North American LTL and European Transportation. The North American LTL segment provides customers with less-than-truckload (LTL) services, such as geographic density and day-definite domestic services.