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XPO (XPO) to Release Quarterly Earnings on Wednesday


XPO (XPO) to Release Quarterly Earnings on Wednesday

XPO (NYSE:XPO - Get Free Report) will be issuing its quarterly earnings data before the market opens on Wednesday, October 30th. Analysts expect the company to announce earnings of $0.93 per share for the quarter. Parties that wish to register for the company's conference call can do so using this link.

XPO (NYSE:XPO - Get Free Report) last released its earnings results on Thursday, August 1st. The transportation company reported $1.12 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.01 by $0.11. The firm had revenue of $2.08 billion during the quarter, compared to analyst estimates of $2.07 billion. XPO had a return on equity of 32.49% and a net margin of 4.48%. XPO's revenue was up 8.5% compared to the same quarter last year. During the same period last year, the business posted $0.71 earnings per share. On average, analysts expect XPO to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

NYSE:XPO opened at $111.04 on Wednesday. The firm has a market cap of $12.92 billion, a PE ratio of 36.89, a price-to-earnings-growth ratio of 1.85 and a beta of 2.10. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 2.63. The stock has a fifty day moving average price of $112.56 and a 200 day moving average price of $111.36. XPO has a 12-month low of $65.80 and a 12-month high of $130.51.

A number of analysts have issued reports on XPO shares. JPMorgan Chase & Co. decreased their price target on XPO from $147.00 to $143.00 and set an "overweight" rating for the company in a report on Friday, September 6th. TD Cowen cut their target price on XPO from $143.00 to $142.00 and set a "buy" rating on the stock in a research report on Thursday, September 5th. Susquehanna lifted their target price on XPO from $145.00 to $160.00 and gave the stock a "positive" rating in a research report on Wednesday, September 18th. Stifel Nicolaus lifted their target price on XPO from $125.00 to $126.00 and gave the stock a "buy" rating in a research report on Monday. Finally, Bank of America cut their target price on XPO from $135.00 to $134.00 and set a "buy" rating on the stock in a research report on Monday, July 22nd. Two investment analysts have rated the stock with a sell rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $130.41.

View Our Latest Stock Report on 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

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