$0.54 EPS Expected for XPO Logistics Inc (XPO) This Quarter
Wall Street brokerages expect XPO Logistics Inc (NYSE:XPO) to post earnings per share (EPS) of $0.54 for the current fiscal quarter, according to Zacks Investment Research. Eight analysts have made estimates for XPO Logistics’ earnings. The lowest EPS estimate is $0.42 and the highest is $0.69. XPO Logistics reported 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 firm is expected to issue its next earnings report on Wednesday, May 2nd.
On average, analysts expect that XPO Logistics will report full-year earnings of $3.42 per share for the current financial year, with EPS estimates ranging from $3.15 to $4.05. For the next year, analysts forecast that the company will post earnings of $4.19 per share, with EPS estimates ranging from $3.70 to $5.38. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research firms that cover XPO Logistics.
XPO Logistics (NYSE:XPO) last released its quarterly earnings results on Wednesday, February 7th. The transportation company reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.02. The firm had revenue of $4.19 billion for the quarter, compared to analysts’ expectations of $3.90 billion. XPO Logistics had a return on equity of 7.29% and a net margin of 2.11%. The company’s revenue was up 14.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.24 EPS.
Several large investors have recently bought and sold shares of the company. Advisors Capital Management LLC increased its stake in shares of XPO Logistics by 1.4% in the 4th quarter. Advisors Capital Management LLC now owns 43,090 shares of the transportation company’s stock worth $3,947,000 after purchasing an additional 587 shares in the last quarter. State of Wisconsin Investment Board increased its stake in XPO Logistics by 2.5% in the 4th quarter. State of Wisconsin Investment Board now owns 24,335 shares of the transportation company’s stock worth $2,229,000 after buying an additional 598 shares in the last quarter. Sit Investment Associates Inc. increased its stake in XPO Logistics by 2.7% in the 4th quarter. Sit Investment Associates Inc. now owns 25,505 shares of the transportation company’s stock worth $2,336,000 after buying an additional 676 shares in the last quarter. Public Employees Retirement Association of Colorado increased its stake in XPO Logistics by 3.5% in the 4th quarter. Public Employees Retirement Association of Colorado now owns 24,359 shares of the transportation company’s stock worth $2,231,000 after buying an additional 818 shares in the last quarter. Finally, Oppenheimer & Co. Inc. increased its stake in XPO Logistics by 1.6% in the 4th quarter. Oppenheimer & Co. Inc. now owns 53,108 shares of the transportation company’s stock worth $4,865,000 after buying an additional 858 shares in the last quarter.
XPO Logistics (XPO) opened at $102.96 on Wednesday. The firm has a market capitalization of $12,340.00, a price-to-earnings ratio of 93.60, a PEG ratio of 1.04 and a beta of 2.41. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.20 and a current ratio of 1.20. XPO Logistics has a twelve month low of $44.51 and a twelve month high of $106.20.
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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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