XPO Logistics Inc (XPO) Expected to Announce Earnings of $0.42 Per Share

Wall Street analysts predict that XPO Logistics Inc (NYSE:XPO) will report earnings per share (EPS) of $0.42 for the current fiscal quarter, Zacks reports. Eight analysts have made estimates for XPO Logistics’ earnings. The highest EPS estimate is $0.57 and the lowest is $0.33. XPO Logistics posted earnings of $0.61 per share during the same quarter last year, which suggests a negative year over year growth rate of 31.1%. The company is expected to announce its next quarterly earnings results after the market closes on Wednesday, May 1st.

On average, analysts expect that XPO Logistics will report full-year earnings of $3.39 per share for the current financial year, with EPS estimates ranging from $3.02 to $3.93. For the next financial year, analysts forecast that the business will post earnings of $4.27 per share, with EPS estimates ranging from $3.35 to $5.21. Zacks’ earnings per share calculations are an average based on a survey of sell-side research firms that follow XPO Logistics.

XPO Logistics (NYSE:XPO) last announced its quarterly earnings results on Thursday, February 14th. The transportation company reported $0.72 EPS for the quarter, missing the consensus estimate of $0.83 by ($0.11). The firm had revenue of $4.39 billion for the quarter, compared to analysts’ expectations of $4.56 billion. XPO Logistics had a net margin of 2.44% and a return on equity of 10.83%. The business’s quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.45 EPS.

Several equities analysts have recently commented on XPO shares. Citigroup cut their price target on XPO Logistics from $114.00 to $96.00 and set an “outperform” rating on the stock in a research note on Monday, December 17th. Cowen reiterated an “outperform” rating and issued a $79.00 target price (down previously from $101.00) on shares of XPO Logistics in a research note on Tuesday, February 19th. TheStreet lowered XPO Logistics from a “b-” rating to a “c+” rating in a research note on Tuesday, March 5th. Morgan Stanley lowered XPO Logistics from an “overweight” rating to an “equal weight” rating and set a $116.00 target price on the stock. in a research note on Tuesday, February 19th. Finally, Loop Capital began coverage on XPO Logistics in a research note on Wednesday, February 6th. They issued a “buy” rating and a $75.00 target price on the stock. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $91.20.

Shares of XPO Logistics stock opened at $61.85 on Tuesday. The firm has a market cap of $6.75 billion, a PE ratio of 19.39, a PEG ratio of 0.91 and a beta of 2.20. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.11 and a current ratio of 1.11. XPO Logistics has a 12 month low of $41.05 and a 12 month high of $116.27.

A number of institutional investors and hedge funds have recently bought and sold shares of XPO. Ipswich Investment Management Co. Inc. purchased a new position in XPO Logistics in the fourth quarter valued at about $36,000. Penserra Capital Management LLC acquired a new stake in XPO Logistics in the fourth quarter worth about $39,000. Bronfman E.L. Rothschild L.P. boosted its holdings in XPO Logistics by 20.5% in the fourth quarter. Bronfman E.L. Rothschild L.P. now owns 1,036 shares of the transportation company’s stock worth $59,000 after acquiring an additional 176 shares in the last quarter. Paradigm Asset Management Co. LLC boosted its holdings in XPO Logistics by 83.3% in the third quarter. Paradigm Asset Management Co. LLC now owns 550 shares of the transportation company’s stock worth $63,000 after acquiring an additional 250 shares in the last quarter. Finally, Cohen & Steers Inc. boosted its holdings in XPO Logistics by 51.8% in the fourth quarter. Cohen & Steers Inc. now owns 1,348 shares of the transportation company’s stock worth $77,000 after acquiring an additional 460 shares in the last quarter.

XPO Logistics Company Profile

XPO Logistics, Inc provides transportation and logistics services in the United States, North America, France, the United Kingdom, Spain, Europe, Asia, and internationally. The company's Transportation segment offers freight brokerage services comprising truck brokerage, intermodal, drayage, and expedite services; last mile services, primarily asset-light; density and day-definite regional, inter-regional, and transcontinental less-than-truckload freight services; full truckload services for transactional transportation of packaged goods, high cube products, and bulk goods; and logistics services for domestic, cross-border, and international shipments.

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Earnings History and Estimates for XPO Logistics (NYSE:XPO)

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