XPO Logistics, Inc. Aktie News

XPO outperformed the rest of the LTL industry with its first-quarter earnings report. Operating ratio substantially improved due in part to a higher yield.

XPO's Second Location in Las Vegas Joins Recently Opened Facilities in Rapidly Growing Freight Markets XPO's Second Location in Las Vegas Joins Recently Opened Facilities in Rapidly Growing Freight Markets

XPO, Inc. (NYSE:XPO ) Q1 2024 Earnings Conference Call May 3, 2024 8:30 AM ET Company Participants Mario Harik - CEO Kyle Wismans - CFO Ali Faghri - CSO Conference Call Participants Ravi Shanker - Morgan Stanley Ken Hoexter - Bank of America Daniel Imbro - Stephens Fadi Chamoun - BMO Capital Markets Jon Chappell - Evercore ISI Stephanie Moore - Jefferies Tom Wadewitz - UBS Brian Ossenbeck - J.P...

XPO easily topped earnings expectations on revenue that was up year over year. Truckers have complained about a soft demand environment and shrinking sales, implying XPO is taking market share.

First-quarter earnings sent two companies on divergent paths Friday.

The trucking reported first-quarter earnings per share of 81 cents from sales of $2 billion. Wall Street was looking for earnings per share of 67 from $2 billion.

GREENWICH, Conn., May 03, 2024 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO) today announced its financial results for the first quarter 2024. The company reported diluted earnings from continuing operations per share of $0.56, compared with $0.15 for the same period in 2023, and adjusted diluted earnings from continuing operations per share of $0.81, compared with $0.56 for the same period in 2023.

GREENWICH, Conn., April 18, 2024 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO), a leading provider of freight transportation in North America, announced today that it has been named a VETS Indexes 4 Star Employer.